1.

Record Nr.

UNINA9910696879203321

Titolo

Effect of food industry mergers and acquisitions on employment and wages [[electronic resource] /] / Michael Ollinger ... [and others]

Pubbl/distr/stampa

[Washington, D.C.] : , : United States Dept. of of Agriculture, Economic Research Serv., , [2005]

Descrizione fisica

iv, 32 pages ; ; 28 cm

Collana

Economic research report ; ; 13

Altri autori (Persone)

OllingerMichael

Soggetti

Food industry and trade - United States

Wages - Food industry and trade - United States

Consolidation and merger of corporations - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from title screen (viewed on July 22, 2008).

"December 2005."

"Electronic report."

Nota di bibliografia

Includes bibliographical references (pages 30-32).

Sommario/riassunto

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.