This paper explores the evolution of the average wage of employees over the life-cycle of a manufacturing plant. The average wage starts out low for a new plant and increases along with labor productivity as the plant ages. As a plant approaches exit, its average wage falls, but more slowly than...

Measuring energy input plays an important role in many empirical studies, such as analyses of energy demand, efficiency, and productivity. Yet energy is a complex concept and difficult to measure. As a result, energy studies have used energy aggregates constructed based on different aggregation...

The purpose of this article is to evaluate the impact of mergers and acquisitions (M&As) on wages, employment, and plant closures in the meat packing, prepared meat products, and poultry slaughter and processing industries during two merger periods, 1977-1987 and 1982-1992. The analysis relies...

In this article we examine the type of establishment that experiences ownership change and how the transferred properties perform after acquisition. Our empirical work uses an unbalanced panel of 28,294 plants taken from the Longitudinal Research Database (LRD) for the period 1977-1987. We find...