All Outputs (9)

Lobbying for Tariff Protection, International Technology Licensing and Consumer Surplus (2023)
Journal Article
Liu, Y., & Mukherjee, A. (2023). Lobbying for Tariff Protection, International Technology Licensing and Consumer Surplus. B.E. Journal of Economic Analysis and Policy, 24(1), 117-139. https://doi.org/10.1515/bejeap-2022-0259

It is well known that the protectionist view for tariff protection can be justified if the tariff induced international technology licensing benefits the consumers. We show that this view may not hold true if the domestic firm lobbies for tariff prot... Read More about Lobbying for Tariff Protection, International Technology Licensing and Consumer Surplus.

Merger and product innovation under cross ownership and cooperative R&D (2023)
Journal Article
Mukherjee, A. (2023). Merger and product innovation under cross ownership and cooperative R&D. Economics Letters, 233, Article 111418. https://doi.org/10.1016/j.econlet.2023.111418

We show that merger may increase investments in product innovation, and expected welfare if there is either passive cross ownership or cooperative research. Hence, the antitrust authorities may not need to be too concerned about mergers in these situ... Read More about Merger and product innovation under cross ownership and cooperative R&D.

Product Market Cooperation, Foreign Direct Investment and Consumer Welfare (2023)
Journal Article
Mukherjee, A., & Sinha, U. B. (2024). Product Market Cooperation, Foreign Direct Investment and Consumer Welfare. Review of Industrial Organization, 64, 315-326. https://doi.org/10.1007/s11151-023-09925-x

Cooperation among rival firms raises serious skepticism among economists, policymakers, and legal experts, since it generally hurts consumers. We show that this may not be the case in an open economy with strategic foreign direct investment (FDI). Un... Read More about Product Market Cooperation, Foreign Direct Investment and Consumer Welfare.

Location of Firms and Outsourcing (2023)
Journal Article
Colombo, S., & Mukherjee, A. (2023). Location of Firms and Outsourcing. Games, 14(6), Article 70. https://doi.org/10.3390/g14060070

We analyze the location of final goods producers under spatial competition with strategic input price determination by firm-specific input suppliers when the final goods producers undertake complete outsourcing or bi-sourcing. Under complete outsourc... Read More about Location of Firms and Outsourcing.

Mergers of complements, endogenous product differentiation and welfare (2023)
Journal Article
Han, T., & Mukherjee, A. (2023). Mergers of complements, endogenous product differentiation and welfare. Mathematical Social Sciences, 126, 30-41. https://doi.org/10.1016/j.mathsocsci.2023.09.001

The static analysis shows that a merger among complementary input suppliers or complementary patent holders benefits the consumers and the society by reducing the input prices. We show that the effects of a merger of complements are not so straightfo... Read More about Mergers of complements, endogenous product differentiation and welfare.

Low tariff on dirty goods—Environmental negligence or environmental concern? (2023)
Journal Article
Marjit, S., & Mukherjee, A. (2023). Low tariff on dirty goods—Environmental negligence or environmental concern?. Review of International Economics, 31(4), 1246-1270. https://doi.org/10.1111/roie.12662

Shapiro (Quarterly Journal of Economics, 2021) conducts an in-depth empirical analysis to show that dirtier upstream goods face lower import tariffs than cleaner downstream goods. Inspired by that paper, we examine how the welfare maximizing tariffs... Read More about Low tariff on dirty goods—Environmental negligence or environmental concern?.

Losses from cross-holdings in a duopoly with convex cost and strategic input price determination (2023)
Journal Article
Mukherjee, A. (2023). Losses from cross-holdings in a duopoly with convex cost and strategic input price determination. Economic Theory Bulletin, 11, 81-91. https://doi.org/10.1007/s40505-022-00241-3

It is well-known that positive output externality on the outside firms is the reason for unprofitable passive cross-holding, which refers to a situation where a producer holds non-controlling shares in rival firms. Considering a final goods market wi... Read More about Losses from cross-holdings in a duopoly with convex cost and strategic input price determination.

The Connection between Imported Inputs and Exports: The Importance of Strategic Interdependence (2023)
Journal Article
Mukherjee, A., & Liu, Y. (2023). The Connection between Imported Inputs and Exports: The Importance of Strategic Interdependence. Games, 14(1), Article 6. https://doi.org/10.3390/g14010006

Ignoring strategic interactions among final goods producers, the extant theoretical literature shows that lower costs of imported inputs increase the exports of the final goods using those inputs. Hence, it does not explain the empirically relevant p... Read More about The Connection between Imported Inputs and Exports: The Importance of Strategic Interdependence.

Pioneer, early follower or late entrant: Entry dynamics with learning and market competition (2023)
Journal Article
Chen, C. H., Mukherjee, A., & Ishida, J. (2023). Pioneer, early follower or late entrant: Entry dynamics with learning and market competition. European Economic Review, 152, Article 104360. https://doi.org/10.1016/j.euroecorev.2022.104360

Timing of market entry is one of the most important strategic decisions a firm must make, but its decision process becomes convoluted with information and payoff externalities. The threat of competition pushes firms to enter earlier to preempt their... Read More about Pioneer, early follower or late entrant: Entry dynamics with learning and market competition.