- Laufzeit des Projektes: 2018 - 2020
- Finanzierung: Deutsche Forschungsgemeinschaft (DFG)
Kurzbeschreibung des Projektes
This research project analyses the effects of horizontal domestic and international mergers and acquisitions (M&As) on efficiency, market power, product variety, and other outcomes of Indian firms. For the empirical analysis, we will use a rich firm-level data set that contains information from balance sheet and profit and loss accounts as well as information on quantities and sales prices at the product-level for more than 20,000 manufacturing firms in India for up to 25 years (1989-2014). In contrast to previous work, the data set used in this research project, combined with recent advances in econometric methods, allows estimating the effects of M&As on physical productivity for the whole manufacturing sector and to identify these effects separately from changes in markups. The data also allows studying effects of M&As on changes in firms’ product mix and product attributes.
Beteiligte Mitarbeiter des Projekts