Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
We examine the effect of several agricultural factors in determining the likelihood of cross-border mergers and acquisitions (M&As) in the global agricultural and food sector. We find that, better acquirer (target) country agricultural resources, productivity, and environments are associated with lower (higher) likelihood of cross-border M&As. Further analyses suggest that these agricultural factors have similar though weaker effects in non-agricultural deals. Overall, we highlight the important roles played by such agricultural factors in determining cross-border M&As, especially in the agricultural and food sector.