Brakman Steven; Garretsen Harry; Marrewijk van Charles - CESifo GmbH <München> - 2005
By combining two large data sets (on international trade flows and on mergers and acquisitions - M&As), we are able to test two implications of Neary´s (2003, 2004a) recent theoretical work. Analyzing M&As in a General Oligopolistic Equilibrium (GOLE) model incorporating strategic interaction...