Showing 1 - 10 of 14
's Longitudinal Research Database (LRD). Three principal results emerge from the analysis. First, ownership change is positively …
Persistent link: https://www.econbiz.de/10005058601
of microdata in statistical surveys. These data are valuable for economic research and market and policy analysis … commitments, coupled with the strong research demand for microdata, have led the agencies to consider various proposals for … Research Data Base (LRD) are used for illustrative purposes throughout the discussion. …
Persistent link: https://www.econbiz.de/10005058613
This paper investigates the motives for mergers and acquisitions in the U.S. meat products industry from1977-92. 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/10005058638
Recent research indicates that estimates of the effect of research and development (R&D) on total factor productivity … the flat glass industry extracted from the Census Bureau's Longitudinal Research Database (LRD) to construct three …
Persistent link: https://www.econbiz.de/10005058662
Previous studies of mergers and acquisition often focus on firms’ performance such as profits, productivity and market shares. However, from a broad competition policy perspective, the impacts on labor and wages are crucial. In this study, we use plant-level data for the entire U.S....
Persistent link: https://www.econbiz.de/10005058851
Shifts in the production frontier occur because of changes in technology. A model of how a firm learns to use the new technology, or how it adapts from the first production frontier to the second, is suggested. Two different adaptation paths are embodied in a translog cost function and its...
Persistent link: https://www.econbiz.de/10005058864
of 28,294 plants taken from the U.S. Bureau of the Census' Longitudinal Research Database ( LRD ). The data set provides …
Persistent link: https://www.econbiz.de/10005058873
We use micro data for 10,412 U.S. manufacturing plants to estimate the degrees of factor substitution by industry and by plant size. We find that (1) capital, labor, energy and materials are substitutes in production, and (2) the degrees of substitution among inputs are quite similar across...
Persistent link: https://www.econbiz.de/10005058892
We use new micro data for 11,520 plants taken from the Census Bureau=s 1991 Manufacturing Energy Consumption Survey (MECS) and 1991 Annual Survey of Manufactures (ASM) to estimate elasticities of substitution between energy and capital. We found that energy and capital are substitutes. We also...
Persistent link: https://www.econbiz.de/10005058899
This study develops detailed information on the relationships among the activities of acquiring and acquired firms at and near the time of merger for a sample of 94 takeovers undertaken between 1977-1982. We focus on takeovers for two reasons. First, takeovers are an important and controversial...
Persistent link: https://www.econbiz.de/10005058944