Competitive pressure and economic integration: an illustration for Spain, 1983-1996

Article Abstract:

The estimates of the sectoral mark-ups in the Spanish economy during the period from 1983 to 1996 indicate that the sectors in the economy became fully integrated in the European Union (EU), embarking a massive liberalisation exercise. It was also found that the sectors exposed to the international competition witnessed a significant drop in accounting margins while those away from the competitive pressures were safe.

Spain, Economic aspects, International economic integration, Economic integration

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Monopoly, competition and information acquisition

Article Abstract:

The threat affects of the entry of a firm into a monopoly market on the firmEs information acquisition are determined. The results revealed that the entry can affect consumers and that although it can increase output, it can also decrease information.

Analysis, Competition (Economics), Welfare economics

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Preemptive mergers under spatial competition

Article Abstract:

The incentives for the preemptive merger by firms engaged in spatial competition are studied. The results show that under spatial competition, merger for market power benefited outsider firms more than the participating firms.

Acquisitions and mergers, Spatial analysis (Statistics)

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