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behavior; and (5) we find interesting results linking patents to GM's bankruptcy, the Daimler-Chrysler merger, environmental …
Persistent link: https://www.econbiz.de/10013014353
Using a detailed and large data set on cross-border merger and acquisitions we discuss the relationship between theory …-seeking', (iii) M&As come in waves (the most recent wave is still unfolding), (iv) economic integration (international deregulation … stylized facts drive and should drive recent theoretical contributions in the field of international economics that try to …
Persistent link: https://www.econbiz.de/10013317375
programs and the benefits of international antitrust cooperation between agencies. When international antitrust prosecution is …
Persistent link: https://www.econbiz.de/10013144908
within the firm. The welfare analysis illustrates that larger countries are better off after the merger. By contrast, smaller … countries may lose, if the pre-merger production cost differential across firms is negligible and/or a post-merger technology … effects of a merger. In this respect, the main result of the paper is that an adjustment of plant location in space can …
Persistent link: https://www.econbiz.de/10013316578
We study the effect of import competition on workers’ mental distress. To this purpose, we source information on the mental health of British workers from the British Household Panel Survey, and combine it with measures of import competition in more than 100 industries over 2001-2007. We find...
Persistent link: https://www.econbiz.de/10013315519
-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the … policies such as subsidies to innovation investments explain a country's position in the eventual world income distribution …
Persistent link: https://www.econbiz.de/10012754962
Niobium is a highly strategic mineral, in which Brazil holds almost all of the world's reserves followed by Canada …
Persistent link: https://www.econbiz.de/10012942003
With the availability of international value added trade data it has become evident that gross export data and value …
Persistent link: https://www.econbiz.de/10013023177
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster than GDP. Fiscal consolidation alone cannot close the solvency gap. A substantial reduction in the stock of debt is needed. Even post-debt restructuring, there is no guarantee...
Persistent link: https://www.econbiz.de/10013117780
In oligopolistic industries, increased cost saving opportunities via offshoring have a moderating effect on trade unions. In order to discourage mobile firms from leaving the country, unions accept lower sector wages. In effect, the negotiated wage becomes independent of workers' bargaining...
Persistent link: https://www.econbiz.de/10013144026