Cooperative Studies and Economics
Peer reviewed
Abstract
Abstract
Abstract This study examines whether the number of years since a merger or acquisition, referred to as mergers and acquisition (M&A) age, is associated with the total factor productivity (TFP) of a sample of US grain marketing cooperatives from 2004 to 2020. Firm‐level TFP measures are recovered from flexible translog production functions that are estimated using Wooldridge‐style instrumental‐variable generalized method of moments (IV‐GMM) and Ackerberg–Caves–Frazer (ACF) approaches. The resulting productivity measures are subsequently analysed using fixed‐effects and two‐step system GMM models. The estimated association between M&A age and productivity is small in magnitude and statistically insignificant in the main specifications across both productivity measures and both second‐stage estimators. This conclusion remains largely unchanged across several robustness checks. Overall, the findings suggest that, within the sample of US grain marketing cooperatives analysed, the passage of time alone is insufficient to explain productivity differences following mergers and acquisitions.
Direct answer
What can I do from this paper page?
Use this page to scan "Productivity in transition: The temporal effects of mergers and acquisitions in US grain marketing cooperatives" quickly: start with the summary and abstract, then check the authors, source, topics, and related papers. From here, open Scollr to follow Cooperative Studies and Economics research, save the paper, or map adjacent work.
Research areas
Follow related topics
Citation
BibTeX
@article{Ansah2026Productivity,
title = {Productivity in transition: The temporal effects of mergers and acquisitions in US grain marketing cooperatives},
author = {Michael Owusu Ansah and Theodoros Skevas and Jasper Grashuis},
journal = {Annals of Public and Cooperative Economics},
year = {2026},
doi = {10.1111/apce.70063},
url = {https://doi.org/10.1111/apce.70063}
}FAQ
Using this paper in a discovery workflow
How do I find related work for this paper?
Use the related papers and topic links on this page as starting points. In Scollr, you can also open the paper and build a literature map around its references, citing papers, and related work.
How can I keep up with new Cooperative Studies and Economics research papers?
Follow Cooperative Studies and Economics research in Scollr. New papers from the topic flow into a personalized feed, and you can save useful studies to revisit later.
Can I cite this paper from this page?
This page includes a static BibTeX block for Productivity in transition: The temporal effects of mergers and acquisitions in US grain marketing cooperatives. Always verify the DOI, source, and publication details against the publisher record before submitting a manuscript.
Follow this research in Scollr
Follow the topics and authors behind this paper, save useful studies, and build a literature map when you are ready to go deeper.
Get the app