Growth Effects of Cross-border Mergers and Acquisitions in European Transition Countries

Zvezdanović Lobanova, Jelena and Kračun, Davorin and Kavkler, Alenka (2016) Growth Effects of Cross-border Mergers and Acquisitions in European Transition Countries. Naše gospodarstvo/Our economy, 62 (4). pp. 3-11. ISSN 0547-3101 eISSN 2385-8052

Text JZLobanova_10.1515_ngoe-2016-0019.pdf - Published Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (229kB)

Abstract

This paper deals with the economic effect of cross-border mergers and acquisitions on GDP per capita in European transition countries for the 2000- 2014 period. Our analysis shows that cross-border mergers and acquisitions have a negative effect on GDP per capita in the current period, whereas their lagged level positively impacts output performance. We found that transition countries characterized by a higher quality of institutional setting have achieved a positive impact on GDP per capita.

Actions (login required)

View Item