Sectoral Growth Effects of Cross-Border Mergers and Acquisitions

We analyze the impact on growth of cross-border mergers and acquisition (M&A) sales. Using the GMM methodology we find that most economies benefit from financial service M&A sales. However, some type of capital flows may hurt growth. In some cases M&A sales in manufacturing and the primary sector may lead to deindustrialization in manufacturing industry and/or services industries.

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Year of publication:	2012
Authors:	Doytch, Nadia ; Uctum, Merih
Published in:	Eastern Economic Journal. - Palgrave Macmillan, ISSN 0094-5056. - Vol. 38.2012, 3, p. 319-330
Publisher:	Palgrave Macmillan

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Extent:	application/pdf text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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