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paperanalyzes the efficiency effects of 52 horizontal bank mergersover the period 1994-1998, i.e. the period immediately …, while therelative degree of profit efficiency improves only marginally.We do not find any evidence that merging banks are …
Persistent link: https://www.econbiz.de/10011317440
Most often, the competition authorities approve combinations based on the tradeoff between the expected efficiency … efficiency gains are actually achieved by the firms entering into consolidation in India, which experienced large number of … efficiency of the firms involved in mergers and acquisitions, separately for cross-border and domestic deals. …
Persistent link: https://www.econbiz.de/10010529467
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Port efficiency is an important indicator of port performance; more efficient ports lower transportation costs and … facilitate imports and exports of a country. Despite the importance of the subject, the exisiting port efficiency studies have … almost exclusively focused on container ports. This Working Paper aims to fill that gap by calculating efficiency scores of …
Persistent link: https://www.econbiz.de/10009688642
both efficiency and equity criteria matter. Border tax adjustments reduce leakage and provide global cost savings but … exacerbate regional inequality. Exemptions produce very little leakage reduction and run the risk of increasing efficiency cost …
Persistent link: https://www.econbiz.de/10009698129
We investigate the competitive effects of the merger between Delta Air Lines and Northwest Airlines (2009) in the domestic U.S. airline industry. Applying fixed effects regression models we find that the transaction led to short term price increases of about 11 percent on overlapping routes and...
Persistent link: https://www.econbiz.de/10009661205
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In an industry where regulated firms interact with unregulated suppliers, we investigate the welfare effects of a merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private information of the merged firm. The optimal merger policy...
Persistent link: https://www.econbiz.de/10010358241
status quo against our measures of equity and efficiency. Several proposals may actually worsen the issues they ostensibly …
Persistent link: https://www.econbiz.de/10010358266
Persistent link: https://www.econbiz.de/10010361956