A case study of the industrial organization theory of direct foreign investment

Purpose The purpose of this paper is to review the literature on hospital mergers and acquisitions (M&As). Design/methodology/approach The authors conduct a systematic review of the literature on hospital M&As to summarize their effects upon cost of health care delivery (access), efficiency, market power, cost and price. Implications for health care industry policy are provided. Findings A significant majority of results conclude lower costs, increased efficiency, but higher prices (due to a market concentration effect) following hospital merger or acquisition. These results are consistent with industrial organization theory and suggest that regulatory policy (e.g. price cap regulation) will raise allocative efficiency, consumer surplus and overall market surplus within markets for hospital services. Originality/value This is the first study to review the price, cost and efficiency effects of M&As with respect to industrial organization theory in the context of hospitals. This study also provides regulatory policy implications.

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Analysis of Facility Agriculture Industry’s Dilemma and Policy Crack Based on SCP Paradigm: Taking the Case of Yanqing County, Beijing

Advanced Materials Research ◽

10.4028/www.scientific.net/amr.798-799.936 ◽

2013 ◽

Vol 798-799 ◽

pp. 936-940

Author(s):

Mei Hu ◽

Jie Su

Keyword(s):

Industrial Organization ◽

Organization Theory ◽

Market Competition ◽

Prisoner’S Dilemma ◽

Government Policies ◽

Agricultural Industrialization ◽

Industrial Policies ◽

Agriculture Industry ◽

Industrial Organization Theory ◽

Important Form

As an important form of agricultural industrialization in China, facility agriculture industry has been greatly developed in recent years, but due to fierce market competition, facility agriculture industry is suffering low effectiveness. Taking Yanqing County, Beijing as an example, supported by industrial organization theory, the paper attempts to make a thorough analysis of Yanqing facility agriculture industry by using SCP paradigm, the result shows that industry operation is troubled by two dilemmas: Scale dilemma and prisoner’s dilemma, and the solution to free the industry from the difficulties is government policies. Based on the conclusion of the analysis, the paper adjusted the traditional SCP paradigm, highlighted the importance of government policies, and made some suggestions for the formulating facility agriculture industrial policies.

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Turning Points in International Labor Migration: A Case Study of Thailand

Asian and Pacific Migration Journal ◽

10.1177/011719689400300109 ◽

1994 ◽

Vol 3 (1) ◽

pp. 175-202 ◽

Cited By ~ 7

Author(s):

Pracha Vasuprasat

Keyword(s):

Foreign Investment ◽

Labor Migration ◽

Turning Point ◽

Direct Foreign Investment ◽

Political Factors ◽

International Labor ◽

Commodity Export ◽

Gulf Crisis ◽

Market Needs

This article describes the dynamics of the structural transformation of the Thai economy, labor migration and direct foreign investment and proposes an econometric model to explain the migration phenomenon. Though migration shifts have been significantly influenced by political factors such as the Gulf crisis and tensions with Saudi Arabia, economic factors such as the Thai government's liberalization of markets and the expansion of trade and direct foreign investment have contributed to changes in labor market needs. The economic conditions for a shift from net exporter to net importer of labor are posited in the model. The empirical results reveal a turning point in labor migration from Thailand and also confirm the contribution of commodity export in place of labor export in creating employment and income.

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