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that sectoral shocks are at the root of merger waves. Deregulation and globalization are identified as the shocks …This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis …
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deregulation as the foundation for public policy towards the telecommunications and commercial broadcasting industries. By lowering …
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We develop a framework for estimating the direct and indirect effects on household income of industry changes; it combines a computable general equilibrium model with a microsimulation model in a two-stage simulation procedure. We apply the framework to analysing changes in the Australian...
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The international tendency towards the deregulation of restrictions and administrative settlements has suppressed the …
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