𝔖 Bobbio Scriptorium
✦   LIBER   ✦

DRUG INDUSTRY CONSOLIDATIONS

Book ID
126424588
Publisher
American Chemical Society
Year
1997
Tongue
English
Weight
540 KB
Volume
75
Category
Article
ISSN
0009-2347

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## Abstract This paper investigates the pre‐exit characteristics of hospital mergers, acquisitions, and closures. We estimate competing risk hazard models using an 18‐year national data set that spans the wave of closures in the 1980s and of mergers in the 1990s. Evidence shows that weak productivi