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A New Retrospective on Mergers

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Abstract

This paper is based on my keynote address given at the 2006 International Industrial Organization Conference in Boston, April 8, 2006. I survey long-run trends in mergers, review the debate over the economic success of mergers generally, and examine the changing treatment that business schools have accorded mergers over the past five decades. A final section is a time series analysis of links at the U.S. macroeconomic level between changes in merger activity and labor productivity growth.

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  1. Harvard University Emeritus, 601 Rockbourne Mills Court, Wallingford, PA, 19086, U.S.A.

    F. M. Scherer

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  1. F. M. Scherer
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Correspondence to F. M. Scherer.

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Scherer, F.M. A New Retrospective on Mergers. Rev Ind Organ 28, 327–341 (2006). https://doi.org/10.1007/s11151-006-9105-9

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  • DOI: https://doi.org/10.1007/s11151-006-9105-9

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