Arbeitspapier
Industry trade balance and domestic merger policy: some empirical evidence from the US
The literature on antitrust in an open-economy setting is inconclusive with respect to the role played by trade-balance on the tenor of domestic merger policy. Using a panel data set composed of US merger reviews by industrial sector over the 1997-2001 period, I empirically test the impact of sectoral trade balance on the level of antitrust scrutiny. The results suggest that larger trade balances lead to more vigorous antitrust scrutiny; thus, ‘strategic’ merger policy does not appear evident, and consumer-surplus appears to guide US merger policy even under the lure of international competitive gains.
- Sprache
-
Englisch
- Erschienen in
-
Series: WZB Discussion Paper ; No. SP II 2003-19
- Klassifikation
-
Wirtschaft
Antitrust Issues and Policies: General
Industrial Organization: General
Antitrust Issues and Policies: General
- Thema
-
Merger Policy
International Effects
Open Economy
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Clougherty, Joseph A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Wissenschaftszentrum Berlin für Sozialforschung (WZB)
- (wo)
-
Berlin
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Clougherty, Joseph A.
- Wissenschaftszentrum Berlin für Sozialforschung (WZB)
Entstanden
- 2003
Ähnliche Objekte (12)
Industry trade-balance and domestic merger policy: some empirical evidence from the U.S.
Industry trade-balance and domestic merger policy: some empirical evidence from the U.S
Export orientation and domestic merger policy: theory and some empirical evidence
Export orientation and domestic merger policy: theory and some empirical evidence
Export orientation and domestic merger policy: theory and some empirical evidence
Some aspects of merger control in the EC
Clustering properties of merger waves: Space, time or industry?
Clustering properties of merger waves : Space, time or industry?
Competitiveness and Convergence: Trade, Merger Control, Industry, and Innovation. Reports
In hunt for size: Merger formation in the oil industry
Competitiveness and Convergence : Trade, Merger Control, Industry, and Innovation. Reports
In hunt for size : merger formation in the oil industry
Industry trade-balance and domestic merger policy: some empirical evidence from the U.S.
Industry trade-balance and domestic merger policy: some empirical evidence from the U.S
Export orientation and domestic merger policy: theory and some empirical evidence
Export orientation and domestic merger policy: theory and some empirical evidence
Export orientation and domestic merger policy: theory and some empirical evidence
Some aspects of merger control in the EC
Clustering properties of merger waves: Space, time or industry?
Clustering properties of merger waves : Space, time or industry?
Competitiveness and Convergence: Trade, Merger Control, Industry, and Innovation. Reports
In hunt for size: Merger formation in the oil industry
Competitiveness and Convergence : Trade, Merger Control, Industry, and Innovation. Reports
In hunt for size : merger formation in the oil industry
Industry trade-balance and domestic merger policy: some empirical evidence from the U.S.
Industry trade-balance and domestic merger policy: some empirical evidence from the U.S
Export orientation and domestic merger policy: theory and some empirical evidence
Export orientation and domestic merger policy: theory and some empirical evidence
Export orientation and domestic merger policy: theory and some empirical evidence
Some aspects of merger control in the EC
Clustering properties of merger waves: Space, time or industry?
Clustering properties of merger waves : Space, time or industry?
Competitiveness and Convergence: Trade, Merger Control, Industry, and Innovation. Reports
In hunt for size: Merger formation in the oil industry
Competitiveness and Convergence : Trade, Merger Control, Industry, and Innovation. Reports