| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6402 |
| DP6402 A New Look at Offshoring and Inequality: Specialization Versus Competition | |
| Karen Helene Ulltveit-Moe; Karolina Ekholm | |
| 发表日期 | 2007-07-27 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | Cross-border mergers and acquisitions (M&As) have increased dramatically over the last two decades. This paper analyses the role of trade costs in explaining the increase in the number of cross-border mergers and acquisitions. In particular, we distinguish horizontal and non-horizontal M&As and investigate whether trade costs affect these two types of mergers differently. We analyse this question using industry data for 23 OECD countries for the period 1990-2001. Our findings suggest that while in the aggregate trade costs affect cross-border merger activity negatively its impact differs importantly across horizontal and non-horizontal mergers. The impact of trade costs is less negative for horizontal mergers, which is consistent with the tariff-jumping argument. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Fdi Gravity Mergers and acquisitions Trade costs |
| URL | https://cepr.org/publications/dp6402 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535241 |
| 推荐引用方式 GB/T 7714 | Karen Helene Ulltveit-Moe,Karolina Ekholm. DP6402 A New Look at Offshoring and Inequality: Specialization Versus Competition. 2007. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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