Rudholm, Niklas () (The Swedish Retail Institute (HUI))
Abstract
The purpose of this paper is to study if the acquisitions of the SEAT and Skoda has lead to increased economic efficiency for Volkswagen AG due to economies of scale. This is achieved by estimation of the VAG cost function, using a translog specification. The results indicate that the merger with SEAT did increase the economies of scale available as production volumes increased due to the merger. No such effects was, however, found for the aquisition of Skoda.
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Publisher Info
Paper provided by The Swedish Retail Institute (HUI) in its series HUI Working Papers with number
4.
Length: 21 pages Date of creation: 01 Oct 2006 Date of revision: Handle: RePEc:hhs:huiwps:0004
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