1.

Record Nr.

UNINA9910695470603321

Titolo

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

Pubbl/distr/stampa

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

Descrizione fisica

iv, 33 pages : digital, PDF file

Collana

Economic research report ; ; no. 27

Altri autori (Persone)

OllingerMichael

Soggetti

Food industry and trade - Mergers - United States

Food industry and trade - Labor productivity - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

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

"October 2006."

Nota di bibliografia

Includes bibliographical references (pages 25-27).

Sommario/riassunto

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.