Mergers, Privatization and Environmental Considerations

José Méndez Naya

International Economic Journal, 2018, vol. 32, issue 1, 91-101

Abstract: The purpose of this paper is to analyze both merger sustainability and optimal privatization decisions, in an international mixed oligopoly model when it is explicitly assumed that firms’ production pollutes the environment. Contrary to traditional theory it is shown that both a merger between private firms and between one private and one public firm could be sustainable. Furthermore, the effects of environmental considerations on mixed firms’ optimal degree of privatization are analyzed.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:taf:intecj:v:32:y:2018:i:1:p:91-101

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DOI: 10.1080/10168737.2018.1446039

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