Balachandran BV and Lavanya CNM
The objective of this study is to analyze the nature and implications of changes in the number of Mergers and Acquisitions bids pertaining to Indo-US and Indo-Europe cross-border deals, on a pre-and post-sub-prime crisis basis. These numbers are correlated with ϒij (gamma-ness of trade). There was a decline in ϒij in 2009, for the said geographies, reflecting the impact of sub-prime crisis. The bids increased in the post-crisis period only for Indo-US Mergers & Acquisitions, where India was the target. The F value is solid when the acquirer is India and the target is either USA or Europe.
PDFShare this article
Journal of Global Economics received 1931 citations as per Google Scholar report