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

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