Article (print)
Government Policy (2013)
in: National defense, Volume 98, Issue 717, p. 254-255
ISSN: 0092-1491
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in: National defense, Volume 98, Issue 717, p. 254-255
ISSN: 0092-1491
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in: National defense, Volume 97, Issue 705, p. 264-266
ISSN: 0092-1491
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Repository: Territory Stories (Northern Territory Government, Australia)
tag=1 data=Local Government Policy tag=2 data=Hickey, Maggie tag=3 data=Territory Labor - Party Policy tag=6 data=^d ^mJune ^y1997 tag=8 data=POLITICAL PARTIES-ALP%LOCAL GOVERNMENT tag=10 data=Local Government Policy for election 1997. tag=15 data=POL ; Local Government Policy for election 1997.
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Repository: CiteSeerX
Abstract. It has long been thought that government antitrust policy has an effect on aggregate merger and acquisition activity, but the empirical support for this hypothesis has been weak and inconsistent. This paper uses a new empirical specification and a new dataset on mergers and acquisitions to provide support for this conjecture. Regression analysis shows that government policy has a significant influence on mergers and that the nature of the effects depends on the type of merger. Fitting the time series into a two-state Markov switching model shows that conglomerate and horizontal time series follow different dynamics for the last half century, which is most likely caused by the dissimilar treatment of the two types of merger by the government. Only the conglomerate merger and acquisition time series is well described by a two-state Markov switching model. In contrast, the horizontal time series has a break in the early 1980s that may be attributed to the dramatic change in government policy. I am indebted to Professor Frank Gollop, Professor Christopher Baum, and Dr. Robert
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in: Science and public policy: journal of the Science Policy Foundation
ISSN: 1471-5430
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in: Concepts of Transportation Economics, p. 237-258
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in: National defense, Volume 92, Issue 651, p. 58
ISSN: 0092-1491
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in: National defense, Volume 92, Issue 646, p. 50
ISSN: 0092-1491
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in: National defense, Volume 91, Issue 639, p. 56-57
ISSN: 0092-1491
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in: National defense, Volume 91, Issue 641, p. 50
ISSN: 0092-1491
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in: National defense, Volume 91, Issue 636, p. 49
ISSN: 0092-1491
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in: National defense, Volume 88, Issue 603, p. 50
ISSN: 0092-1491
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in: National defense, Volume 88, Issue 605, p. 50
ISSN: 0092-1491
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in: National defense, Volume 89, Issue 605, p. 50
ISSN: 0092-1491
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in: National defense, Volume 89, Issue 603, p. 50
ISSN: 0092-1491
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