Trade Liberalisation and the Market for Corporate Control

Holger Breinlich

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Abstract: We know that freer trade between countries usually increases efficiency by reallocating resources from less productive plants to more productive plants. Holger Breinlich finds that it can also have a significant impact on mergers and acquisitions activity - which has important implications for competition policy.

Date: 2006-12
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:215

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