Mergers and Acquisitions and Trade Integration: A Spatial and Temporal Study of India

Abstract

Bertrand et al. [2] examined the reactions of domestic and foreign firms with differing technologies for varied phases of economic integration. They modeled the impact of gradual trade liberalization which, inter alia, includes cross-border M & A strategy. The 'phi-ness of trade', which reflects the sectoral bilateral trade integration between two markets was used for assessing market access. They studied the