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Are Mergers and Acquisitions Accompanied by Increasing Recourse to THS employment? A French perspective

Author

Listed:
  • Mathieu Bunel

    (Université Technoloqique de Belfort, Centre d''études de l''emploi and TEPP)

  • Richard Duhautois

    (Centre d''études de l''emploi, Université de Paris-Est, TEPP and Crest)

  • Lucie Gonzalez

    (Insee and Crest)

Abstract

This paper focuses on variations in employment of temporary help services (THS) employment when firms face mergers & acquisitions (M&As). We use an original French dataset in which the stock of temporary workers is isolated from that of other workers. With descriptive statistics, we observe that the number of temporary workers increases in acquiring firms. We use matching difference-in-differences estimators to check whether the use of THS employment increases after M&As. The results show that M&As are accompanied by increasing recourse to THS employment. The effects are quite strong for 1999 and 2000. The effect is weaker for 2001 because from this year the use of THS employment decreased for the first time since the beginning of the 1980's in France.

Suggested Citation

  • Mathieu Bunel & Richard Duhautois & Lucie Gonzalez, 2010. "Are Mergers and Acquisitions Accompanied by Increasing Recourse to THS employment? A French perspective," Economics Bulletin, AccessEcon, vol. 30(1), pages 614-623.
    • Handle: RePEc:ebl:ecbull:eb-09-00799
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    References listed on IDEAS

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    More about this item

    Keywords

    Mergers and acquisitions; temporary workers; employer-employees data; matching estimators;
    All these keywords.

    JEL classification:

    • J4 - Labor and Demographic Economics - - Particular Labor Markets
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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