The empirical literature investigating the role of key features of local governments regarding decisions on consolidation tends to use a dummy that takes 1 if adjacent local governments decide to merge. Under the estimation method, it is difficult to identify which governments have no incentive...

Alfred Chandler pointed out how us large corporation adapted to expansion of mass consumption by changing from ?functional organisation? (U. Form) to ?operational organisation? (M. Form). This model was systematically introduced in the Western Europe after W.W.II. This adoption of an American...

The Scale-Efficiency version of the Efficient-Structure Hypothesis and the Structure-Conduct-Performance Hypothesis find empirical support in German banking data from 1998 to 2002. Due to the acceptance of the two hypotheses and the existence of overall economies of scale, we conclude that...