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By combining two large data sets (on international trade flows and on mergers and acquisitions M&As), we are able to test two implications of Neary's (2003, 2004a) recent theoretical work. Analyzing M&As in a General Oligopolistic Equilibrium (GOLE) model incorporating strategic interaction...
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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 …
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