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 …

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

association with post-merger patenting is mainly driven by patents invented in the countries of the acquirers headquarter and its … more than 60%. Accounting for endogeneity of international acquisitions by estimating dynamic count data models and …