European Market Integration through Technology-driven M&As

in Applied Economics (2011)

Merger and Acquisitions (M&As) have been an important tool for reorganizing the European market since the establishment of European Economic and Monetary Union. This article suggests that European ... [more ▼]

Merger and Acquisitions (M&As) have been an important tool for reorganizing the European market since the establishment of European Economic and Monetary Union. This article suggests that European integration helped and encouraged European firms to source technology across national borders in Europe, establishing European innovative firms. The figures confirm that, once barriers impeding the free movement of capital, goods and labour had fallen, European firms used M&As intensively to enter foreign European markets. Enhancing technology competencies is found to be one of the main motives for cross-border acquisitions in the 1990s but is not a factor in domestic acquisitions over the same period. [less ▲]

Multidimensional Approaches to Poverty Measurement: An Empirical Analysis of Poverty in Belgium, France , Germany,Italy and Spain, based on the European Pane

in Applied Economics (2011), 43

This article has three goals. First, we wish to compare three multidimensional approaches to poverty and check to what extent they identify the same households as poor. Second, we aim at better ... [more ▼]

This article has three goals. First, we wish to compare three multidimensional approaches to poverty and check to what extent they identify the same households as poor. Second, we aim at better understanding the determinants of poverty by estimating logit regressions with five categories of explanatory variables: size of the household, age of the head of the household, her gender, marital status and status at work. Third, we introduce a decomposition procedure proposed recently in the literature, the so-called Shapley decomposition, in order to determine the exact marginal impact of each of the categories of explanatory variables. Our empirical analysis is based on data made available by the European Community Household Panel (ECPH). We used its third wave and selected five countries: Belgium, France, Germany, Italy and Spain. [less ▲]

The Nature of Occupational Unemployment Rates in the United States: Hysteresis or Structural?

in Applied Economics (2009)

Supply and Demand, Allocation and Wage Inequality: An International Comparison

in Applied Economics (2005)