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Replication data for: Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry

Version
V0
Resource Type
Dataset
Creator
  • Braguinsky, Serguey
  • Ohyama, Atsushi
  • Okazaki, Tetsuji
  • Syverson, Chad
Publication Date
2015-07-01
Description
  • Abstract

    We explore how changes in ownership affect the productivity and profitability of producers. Using detailed data from the Japanese cotton spinning industry at the turn of the last century, we find that acquired firms' production facilities were not on average less physically productive than the plants of the acquiring firms before acquisition. They were much less profitable, however, due to higher inventory levels and lower capacity utilization—differences that reflected problems in managing the uncertainties of demand. After acquisitions, less profitable acquired plants saw drops in inventories and gains in capacity utilization that raised both their productivity and profitability levels. (JEL D24, G32, G34, L11, L25, L66, N65)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.20140150 (Text)
Publications
  • Braguinsky, Serguey, Atsushi Ohyama, Tetsuji Okazaki, and Chad Syverson. “Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry.” American Economic Review 105, no. 7 (July 2015): 2086–2119. https://doi.org/10.1257/aer.20140150.
    • ID: 10.1257/aer.20140150 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Braguinsky, Serguey; Ohyama, Atsushi; Okazaki, Tetsuji; Syverson, Chad (2015): Replication data for: Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112974