{"title":"Effects of mergers and acquisitions on food quality","authors":"","doi":"10.1016/j.econlet.2024.111980","DOIUrl":null,"url":null,"abstract":"<div><p>We examine the impact of mergers on product quality in the U.S. agri-food industry. Our difference-in-differences analyses provide evidence that following a one standard deviation increase in merger activity there is a 48.1% decrease in pounds of food recalled and an 18.7% decrease in the total number of recalls. A significant implication of our analysis is that increased concentration increases product quality.</p></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":null,"pages":null},"PeriodicalIF":2.1000,"publicationDate":"2024-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0165176524004646","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
We examine the impact of mergers on product quality in the U.S. agri-food industry. Our difference-in-differences analyses provide evidence that following a one standard deviation increase in merger activity there is a 48.1% decrease in pounds of food recalled and an 18.7% decrease in the total number of recalls. A significant implication of our analysis is that increased concentration increases product quality.
期刊介绍：
Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.
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