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the most fascinating of these developments is the emergence of merger and acquisition activity in the industrial sector … size. For the acquiring firms in the year 1999, the time period 1996-99 has been taken as pre-merger period and 2000-04 as … post-merger period. The pre-merger and post-merger period for firms in year 2000 has been taken as 1996-2000 and 2001 …
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Using establishment-level micro data on Compustat firms, we develop a novel decomposition of firm employment growth. Our decomposition reveals that on average, firms in this sample rely more on growth from acquiring and founding new establishments than on growth of existing establishments....
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