| dc.creator |
Brakman, Steven |
|
| dc.creator |
Garretsen, Harry |
|
| dc.creator |
van Marrewijk, Charles |
|
| dc.date |
2005 |
|
| dc.date.accessioned |
2013-10-16T07:02:43Z |
|
| dc.date.available |
2013-10-16T07:02:43Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/19066 |
|
| dc.identifier |
ppn:503766844 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/19066 |
|
| dc.description |
By combining two large data sets (on international trade flows and on mergers and acquisitions – M&As), we are able to test two implications of Neary?s (2003, 2004a) recent theoretical work. Analyzing M&As in a General Oligopolistic Equilibrium (GOLE) model incorporating strategic interaction between firms in a general equilibrium setting, we argue that: (i) M&As follow revealed comparative advantage as measured by the Balassa index, and (ii) M&As come in waves. We find convincing support for both hypotheses, thus showing for the first time that there is an empirical connection between export performance and mergers and acquisitions |
|
| dc.language |
eng |
|
| dc.relation |
CESifo working papers 1602 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
L13 |
|
| dc.subject |
F12 |
|
| dc.subject |
F10 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
comparative advantage |
|
| dc.subject |
cross border mergers and acquisitions |
|
| dc.subject |
merger waves |
|
| dc.subject |
general oligopolistic equilibrium model |
|
| dc.subject |
Multinationales Unternehmen |
|
| dc.subject |
Fusion |
|
| dc.subject |
Übernahme |
|
| dc.subject |
Komparativer Kostenvorteil |
|
| dc.subject |
Oligopol |
|
| dc.subject |
Allgemeines Gleichgewicht |
|
| dc.subject |
Schätzung |
|
| dc.subject |
Welt |
|
| dc.title |
Cross-border mergers and acquisitions : on revealed comparative advantage and merger waves |
|
| dc.type |
doc-type:workingPaper |
|