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Cost-Savings in Mergers between Piano Manufactures

  • Journal of Regulation Studies
  • 2008, 17(2), pp.83-95
  • Publisher : 한국규제학회
  • Research Area : Social Science > Public Administration

Sang-Kwon Kim 1

1한라대학교

Accredited

ABSTRACT

I estimated the expected cost-savings that might result from the merger of two piano manufacturers, Samick and YoungChang. This estimation was based upon duality between cost and production functions. The results showed that the cost-savings would amount to about 12.0∼14.3 billon won if the merger between Samick and YounChang were allowed.

Citation status

* References for papers published after 2023 are currently being built.