Trade Liberalisation and the Market for Corporate Control
We know that freer trade between countries usually increases efficiency by reallocating resources from less productive plants to more productive plants. Holger Breinlich finds that it can also have a significant impact on mergers and acquisitions activity - which has important implications for competition policy.
Year of publication: |
2006-12
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Authors: | Breinlich, Holger |
Institutions: | Centre for Economic Performance, LSE |
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