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Growth Effects of Cross-border Mergers and Acquisitions in European Transition Countries

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  • Zvezdanović Lobanova Jelena

    (Centre for Economic Research, Institute of Social Sciences, Serbia)

  • Kračun Davorin
  • Kavkler Alenka

    (University of Maribor, Faculty of Economics and Business, Slovenia)

Abstract

This paper deals with the economic effect of cross-border mergers and acquisitions on GDP per capita in European transition countries for the 2000- 2014 period. Our analysis shows that cross-border mergers and acquisitions have a negative effect on GDP per capita in the current period, whereas their lagged level positively impacts output performance. We found that transition countries characterized by a higher quality of institutional setting have achieved a positive impact on GDP per capita.

Suggested Citation

  • Zvezdanović Lobanova Jelena & Kračun Davorin & Kavkler Alenka, 2016. "Growth Effects of Cross-border Mergers and Acquisitions in European Transition Countries," Naše gospodarstvo/Our economy, Sciendo, vol. 62(4), pages 3-11, December.
    • Handle: RePEc:vrs:ngooec:v:62:y:2016:i:4:p:3-11:n:1
    DOI: 10.1515/ngoe-2016-0019
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    References listed on IDEAS

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