By combining two large data sets (on international trade flows and cross-border mergers and acquisitions - M&As), we … interaction between firms in a general equilibrium setting). In terms of economic importance, the dominant merger wave variable is … a positive global-all effect, indicating that M&A waves are an economy-wide, global phenomenon. Country-specific merger …

incentivizes them to engage in more deals. We also explore the effects of country-level merger competition laws and also pro-takeover …We examine the relation between venture capital (VC) investments, M&A activity, and merger competition laws in 48 … countries around the world. We find evidence of a strong positive association between VC investments and lagged M&A activity …

By combining two large data sets (on international trade flows and on mergers and acquisitions M&As), we are able to …

Technological change is often hypothesized as one of the main drivers of merger activities. This paper analyzes the … structural model to investigate technology-related motivations behind merger formation. Distinguishing between cross-border and … domestic M&As. The relevance of technology for crossborder M&As further illustrates the international character of technology …