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- W1587483738 abstract "textabstractWe combine the resource curse literature with the literature on cross-border mergers and acquisitions (M&As) to investigate two hypotheses, namely (i) countries with a comparative advantage in natural resources attract more M&As in natural resource intensive sectors and (ii) countries with a high natural resource dependency attract fewer M&As in other sectors. Using the Thomson dataset we test these hypotheses for a sample of 49 African and Latin American countries in the period 1988 - 2007. Both hypotheses were confirmed by our findings. Thus, resource dependency has a “crowding out” effect on M&As in sectors not intensive in natural resources, and a comparative advantage in natural resources has a “crowding in” effect on M&As in sectors intensive in natural resources." @default.
- W1587483738 created "2016-06-24" @default.
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- W1587483738 date "2009-01-01" @default.
- W1587483738 modified "2023-09-23" @default.
- W1587483738 title "Cross-Border Mergers & Acquisitions: A Piece of the Natural Resource Curse Puzzle" @default.
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- W1587483738 doi "https://doi.org/10.2139/ssrn.1418568" @default.
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