TY - JOUR
T1 - Mergers and acquisitions in Latin America 1990–2014: Factorial distribution and contractionary impacts
AU - Alarco, Germán
PY - 2018/7/1
Y1 - 2018/7/1
N2 - A one-sector production model without government and external sectors that links prices/costs, income distribution, demand and output is proposed, and the effects of changes in M&A on profit margins, income distribution and gross domestic product (GDP) are evaluated. The model is applied to most regional economies to determine the impact of these transactions on the profit share and level of economic activity. Our analysis does not reject the hypotheses that M&A have distributive effects favorable to profits and that they have contractionary effects on GDP in Latin American countries.
AB - A one-sector production model without government and external sectors that links prices/costs, income distribution, demand and output is proposed, and the effects of changes in M&A on profit margins, income distribution and gross domestic product (GDP) are evaluated. The model is applied to most regional economies to determine the impact of these transactions on the profit share and level of economic activity. Our analysis does not reject the hypotheses that M&A have distributive effects favorable to profits and that they have contractionary effects on GDP in Latin American countries.
UR - https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85046475193&origin=inward
UR - https://www.scopus.com/inward/citedby.uri?partnerID=HzOxMe3b&scp=85046475193&origin=inward
U2 - 10.1111/meca.12208
DO - 10.1111/meca.12208
M3 - Article in a journal
SN - 0026-1386
VL - 69
SP - 681
EP - 706
JO - Metroeconomica
JF - Metroeconomica
IS - 3
ER -
