Food industry mergers and acquisitions lead to higher labor productivity / Michael Ollinger [and others].

Format:

Book

Government document

Contributor:

Ollinger, Michael

United States. Department of Agriculture. Economic Research Service

Series:

Economic research report (United States. Department of Agriculture. Economic Research Service) ; no. 27.

Economic research report ; no. 27

Language:

English

Subjects (All):

Food industry and trade--Mergers--United States.

Food industry and trade.

Food industry and trade--Labor productivity--United States.

Food industry and trade--Labor productivity.

Food industry and trade--Mergers.

United States.

Physical Description:

iv, 33 pages : digital, PDF file.

Place of Publication:

[Washington, D.C.] : U.S. Dept. of Agriculture, Economic Research Service, [2006]

Summary:

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 output per worker.

Notes:

Title from title screen (viewed Oct. 25, 2006).

"October 2006."

Includes bibliographical references (pages 25-27).

OCLC:

74337440