Does Market Concentration Promote or Reduce New Product Introductions? Evidence from US Food Industry



Table 5a. Summary Statistics of the Aggregate Data Set for Mergers
Analysis

Variable |

Obs

Mean

Std. Dev.

Min

Max

MERGERS |

14

171.3571

48.00418

107

---------

259

USMERGERS |

14

6234.357

2902.305

1877

9783

N |

14

166.2857

25.5717

112

202

NPI |

14

13836.07

2881.003

10250

18982

SGR |

14

3.126688

5.592123

-9.949106

11.42362

Table 5b. Description of Food Industry Categories for Mergers Analysis
using Panel Data

-----------------

NPI Category

-----------------------------------------------------

| Description

------------------

1

-----------------------------------------------------

|   Processed Meat, Fish, Egg

2&3

|    Dairy Products

4

|   Fruits and Vegetable Products (from 1999)

6

|   Bakery Food

7

|   Sugar, Confectionary, Snacks

8
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

| Beverages
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Table 5c. Summary Statistics of the Panel Data Set for Mergers Analysis

Variable |

Obs

Mean

Std. Dev.

Min

Max

MERGERS |

76

16.30263

7.867265

2

---------

35

N |

76

23.47368

15.32447

8

65

NPI |

76

1643.605

737.2679

453

3619

SGR |

76

-.1504006

19.87226

-91.38361

46.24804

20



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