Industry trade-balance and domestic merger policy: some empirical evidence from the U.S

Abstract: "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 scrutinythus, 'strategic' merger policy does not appear evident, and consumer-surplus appears to guide US merger policy even under the lure of international competitive gains." (author's abstract)

Alternative title
Empirische Evidenz über den Zusammenhang von Leistungsbilanz und Fusionspolitik in den U.S.A
Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource, 26 S.
Language
Englisch
Notes
Veröffentlichungsversion

Bibliographic citation
Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und politische Ökonomie, Abteilung Wettbewerbsfähigkeit und industrieller Wandel ; Bd. 2003-19

Classification
Wirtschaft

Event
Veröffentlichung
(where)
Berlin
(when)
2003
Creator
Contributor
Wissenschaftszentrum Berlin für Sozialforschung gGmbH

URN
urn:nbn:de:0168-ssoar-111953
Rights
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
25.03.2025, 1:50 PM CET

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Associated

Time of origin

  • 2003

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