Food Industry Mergers and Acquisitions Lead to Higher Labor Productivity

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英文名称：

Food Industry Mergers and Acquisitions Lead to Higher Labor Productivity

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=45638

关键词：

Mergers and acquisitions;  labor productivity;  structural change;  food processing;  consolidation;  grain processing;  meat slaughter;  dairy processing; 

年份：

2006

出版地：

Washington, DC, USA

总页数：

39 pp

语种：

English

摘要：

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 industries are meat packing, meat processing, poultry slaughtering and processing, cheese making, fluid milk processing, flour milling, feed processing, and oilseed crushing. The analysis suggests that mergers and acquisitions contributed to the general improvement in labor productivity from 1972-92, echoing an earlier ERS study. Labor productivity is defined as output per worker.