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Empirical analysis of mergers and acquisitions in eight important food industries suggests that workers in acquired plants realized modest increases in employment and wages relative to other workers. Results also show that mergers and acquisitions reduced the likelihood of plant closures while...
Persistent link: https://www.econbiz.de/10005476463
Consolidation and structural changes in the food industry have had profound impacts on firms, employees, and communities in many parts of the United States. Over 1972-92, eight important food industries underwent a structural transformation in which the number of plants declined by about...
Persistent link: https://www.econbiz.de/10005038742
Processing plants in eight major food industries were highly productive before being acquired and they significantly improved their labor productivity afterward, Economic Research Service and U.S. Census Bureau researchers found in their analysis of Census data. The plant-level data on...
Persistent link: https://www.econbiz.de/10005802927
This paper investigates the motives for mergers and acquisitions in the U.S. meat products industry from 1977-92. Results show that acquired meat and poultry plants were highly productive before mergers, and that meat plants significantly improved productivity growth in the post-merger periods,...
Persistent link: https://www.econbiz.de/10005339046
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 88, Number 3, August 2006.
Persistent link: https://www.econbiz.de/10005330199