Effect of Food Industry Mergers and Acquisitions on Employment and Wages

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英文名称：

Effect of Food Industry Mergers and Acquisitions on Employment and Wages

作者：

Michael Ollinger; Sang V. Nguyen; Donald Blayney; William Chambers; Kenneth Nelson

工作单位：

USDA's Economic Research Service

来源地址：

https://www.ers.usda.gov/publications/pub-details/?pubid=44950

关键词：

Food product industries;  mergers and acquisitions;  plant closures;  structural change;  food processing;  consolidation;  grain processing;  meat slaughter;  dairy processing; 

年份：

2005

出版地：

Washington, DC, USA

总页数：

38 pp

语种：

English

摘要：

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 high relative labor costs encouraged plant shutdowns. These results differ from commonly held views that mergers and acquisitions lead to fewer jobs, wage cuts, and plant shutdowns.