An Empirical Investigation of the Mergers Decision Process in Australia
In this article, we examine a database assembled from an Australian public register of 553 merger decisions taken between March 2004 and July 2008. Mergers may be accepted without public assessment, accepted in conjunction with publication of a Public Competition Assessment, or rejected. The public register contains qualitative information about the reasons given by the regulator for each decision. We estimate an ordered probit model, using these three possible outcomes, with the objective of...[Show more]
|Collections||ANU Research Publications|
|Source:||The Economic Record|
|01_Breunig_An_Empirical_Investigation_of_2012.pdf||543.56 kB||Adobe PDF||Request a copy|
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