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)
- Weitere Titel
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Empirische Evidenz über den Zusammenhang von Leistungsbilanz und Fusionspolitik in den U.S.A
- Standort
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Deutsche Nationalbibliothek Frankfurt am Main
- Umfang
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Online-Ressource, 26 S.
- Sprache
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Englisch
- Anmerkungen
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Veröffentlichungsversion
- Erschienen in
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Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und politische Ökonomie, Abteilung Wettbewerbsfähigkeit und industrieller Wandel ; Bd. 2003-19
- Klassifikation
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Wirtschaft
- Ereignis
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Veröffentlichung
- (wo)
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Berlin
- (wann)
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2003
- Urheber
- Beteiligte Personen und Organisationen
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Wissenschaftszentrum Berlin für Sozialforschung gGmbH
- URN
-
urn:nbn:de:0168-ssoar-111953
- Rechteinformation
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Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Letzte Aktualisierung
-
25.03.2025, 13:50 MEZ
Datenpartner
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Beteiligte
- Clougherty, Joseph A.
- Wissenschaftszentrum Berlin für Sozialforschung gGmbH
Entstanden
- 2003
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