A Treatment Effect Method for Merger Analysis with an Application to Parking Prices in Paris

Philippe Choné and Laurent Linnemer

No 3268, CESifo Working Paper Series from CESifo

Abstract: Most retrospective merger studies resort to the treatment effect approach, comparing the price dynamics in a treatment group and in a control group. We propose a systematic method to construct the groups, which applies to any industry with spatial competition. The method is consistent with the fact that mergers alter oligopolistic equilibria in complex ways, and thus that seemingly distant entities may be affected through indirect channels. An illustration based on a merger in the Parisian parking market is provided.

Keywords: merger retrospective analysis; treatment effect models (search for similar items in EconPapers)
JEL-codes: L10 L40 (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.cesifo.org/DocDL/cesifo1_wp3268.pdf (application/pdf)

Related works:
Journal Article: A Treatment Effect Method for Merger Analysis with an Application to Parking Prices in P aris (2012)
Working Paper: A Treatment Effect Method for Merger Analysis with an Application to Parking Prices in Paris (2012)
Working Paper: A Treatment Effect Method for Merger Analysis with an Application to Parking Prices in Paris (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_3268

Access Statistics for this paper

More papers in CESifo Working Paper Series from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().