Skip Navigation

European Review of Agricultural Economics 2008 35(4):563-587; doi:10.1093/erae/jbn033
This Article
Right arrow Full Text
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Herger, N.
Right arrow Articles by McCorriston, S.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

© Oxford University Press and Foundation for the European Review of Agricultural Economics 2009; all rights reserved. For permissions, please email journals.permissions@oxfordjournals.org

Cross-border acquisitions in the global food sector

Nils Herger

Department of Economics, University of Berne, Switzerland

Christos Kotsogiannis and Steve McCorriston

Department of Economics, University of Exeter, England, UK

Corresponding author: Steve McCorriston, Department of Economics, University of Exeter Business School, Streatham Court, Exeter, Devon, UK EX4 4PU. E-mail: s.mccorriston{at}ex.ac.uk

Received August 2007; final version received October 2008

Cross-border acquisitions constitute the main form of foreign direct investment in the world economy, the focus of this paper being to consider the determinants of the location and growth of cross-border acquisitions in the global food sector. The data relates to over 2,000 international acquisitions in the food sector from 45 source to 46 host countries. The results highlight the importance of market size, relative costs and stock market growth as important determinants. We also report differences involving acquisitions in food processing and retailing and higher and lower/middle income countries. Results involving acquisitions in European countries are also highlighted.

Keywords: foreign direct investment, cross-border acquisitions, count data, food sector

JEL classification: F23, G34, L66


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer: Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.