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Ollinger, Michael; Nguyen, Sang V.; Blayney, Donald P.; Chambers, William; Nelson, Kenneth B.. |
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 production inputs and costs provided a detailed picture of food-production facilities involved in mergers and acquisitions. The industries are meatpacking, 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, echoing an earlier ERS study. Labor productivity is defined as... |
Tipo: Report |
Palavras-chave: Mergers; Acquisitions; Labor productivity; Consolidation; Structural change; Agribusiness; Industrial Organization; Productivity Analysis. |
Ano: 2006 |
URL: http://purl.umn.edu/7246 |
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Ollinger, Michael; Nguyen, Sang V.; Blayney, Donald P.; Chambers, William; Nelson, Kenneth B.. |
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 one-third and the number of employees needed to staff the remaining plants dropped by more than 100,000 (20 percent). The number of plants in one other industry also dropped, but that industry added jobs. Economists generally attribute structural changes such as these to rising or falling demand and shifts in technology. This report examines consolidation and structural change in meatpacking, meat processing, poultry slaughter and processing, cheese products, fluid milk,... |
Tipo: Report |
Palavras-chave: Structural change; Food processing; Consolidation; Grain processing; Meat slaughter; Dairy processing; Industrial Organization. |
Ano: 2005 |
URL: http://purl.umn.edu/7217 |
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