This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … that sectoral shocks are at the root of merger waves. Deregulation and globalization are identified as the shocks … responsible for the latest wave. The impact of merger activities on profitability and employment growth are studied by using the …

have a positive influence on the profitability of firms. This study examines the effect of product diversification on the … profitability of 25 German food industry sectors from 1977 to 1994. The analysis reveals a positive effect of diversification on the … profitability of industries. …

if they are not. We present empirical evidence on effects of perceived threat of entry on profitability. Using … profitability is confirmed. The number and the relative size of competitors also exert considerable effects. We find no …

the current analysis we investigate the effects of the deregulation during that 1993-1995 period using a recently … show a picture of increased speed. The deregulation of the Dutch retail industry seems therefore to have enlarged market …

will increase in two steps, immediately after deregulation and further over time. Finally, employment in the retail sector …

a "deregulation shock" is associated with an accumulation of foreign assets unless the production of nontraded goods is … very capital-intensive. We then investigate whether a measure of domestic deregulation does, in fact, help to explain …

overall profitability of the two-tier structure while the upstream conditions mainly affect the distribution of profits. We … compare the welfare effects of upstream versus downstream deregulation policies and show that the impact of deregulation may …

Milchviehhaltung hin. Die gesetzlichen Rahmenbedingungen für die Milchviehhaltung in Deutschland sind relativ weit gefasst. Während für …-Nutztierhaltungsverordnung festgelegt werden, fehlen diese für die Milchviehhaltung. Hinzu kommt, dass die Betriebsstrukturen und Haltungsbedingungen …