The Buy-to-Build Indicator
New Estimates for Britain and the United States
JOSEPH A. FRANCIS
This note presents new long-term estimates of what Jonathan Nitzan and Shimshon Bichler have named the ‘buy-to-build indicator’, which is calculated as the value of mergers and acquisitions as a percentage of gross capital formation.
Britain, buy-to-build indicator, mergers and acquisitions, United States
Joseph A. Francis (2013), ‘The Buy-to-Built Indicator: New Estimates for Britain and the United States’, Review of Capital as Power, Vol. 1, No. 1, pp. 63-72.