LEADER 02148oam 2200457Ia 450 001 9910696879203321 005 20080724091633.0 035 $a(CKB)5470000002382087 035 $a(OCoLC)70070698 035 $a(EXLCZ)995470000002382087 100 $a20060612d2005 ua 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aEffect of food industry mergers and acquisitions on employment and wages$b[electronic resource] /$fMichael Ollinger ... [and others] 210 1$a[Washington, D.C.] :$cUnited States Dept. of of Agriculture, Economic Research Serv.,$d[2005] 215 $aiv, 32 pages ;$d28 cm 225 1 $aEconomic research report ;$v13 300 $aTitle from title screen (viewed on July 22, 2008). 300 $a"December 2005." 300 $a"Electronic report." 320 $aIncludes bibliographical references (pages 30-32). 330 3 $aEmpirical 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. 606 $aFood industry and trade$zUnited States 606 $aWages$xFood industry and trade$zUnited States 606 $aConsolidation and merger of corporations$zUnited States 615 0$aFood industry and trade 615 0$aWages$xFood industry and trade 615 0$aConsolidation and merger of corporations 701 $aOllinger$b Michael$01385151 712 02$aUnited States.$bDepartment of Agriculture.$bEconomic Research Service. 801 0$bORE 801 1$bORE 801 2$bORE 801 2$bGPO 906 $aBOOK 912 $a9910696879203321 996 $aEffect of food industry mergers and acquisitions on employment and wages$93444311 997 $aUNINA