The U.S. manufacturing plant ownership change database: Research possibilities

The U.S. Manufacturing Plant Ownership Change Database (OCD) was constructed using plant-level data taken from the Census Bureau's Longitudinal Research Database (LRD). It contains data on all manufacturing plants that have experienced ownership change at least once during the period 1963-92. This paper reports the status of the OCD and discuss its research possibilities. For an empirical demonstration, data taken from the database are used to study the effects of ownership changes on plant closure.