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This study evaluates the effect of international cartels on the volume of bilateral trade by relying on the gravity … information on 170 discovered and prosecuted international cartels as well as the most disaggregated bilateral trade data for all … that the impact of cartels on international trade flows is quite heterogeneous across and within sectors. About 50% of the …
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By combining two large data sets (on international trade flows and cross-border mergers and acquisitions - M&As), we …
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An increasingly large share of cross-border acquisitions are undertaken by private equity-firms (PE-firms) and not by traditional multinational enterprises (MNEs). We propose a model of crossborder acquisitions in which MNEs and PE-firms compete over domestic assets. MNEs' advantage lies in...
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