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In recent years, demutualized stock exchanges have been increasingly engaging in M&A and alliance activities. To examine the effect of these growth strategies on exchange shareholders' value creation, we focus on 14 public stock exchanges and investigate their short-run share price responses to...
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We assess the literature on public and private quality standards and their impact in food markets, international trade …, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor markets and with … impediment against trade and development, reflecting the complexity of these effects and their specificity to industries and …
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