We present the new single dish CO (3-2) emission data obtained toward 19 early stage and 7 late stage nearby merging galaxies using the Atacama Submillimeter Telescope Experiment (ASTE). Combining with the single dish and interferometric data of galaxies observed in previous studies, we investigate the relation between the CO (3-2) luminosity (LCO(3-2)) and the far Infrared luminosity (LFIR) in a sample of 29 early stage and 31 late stage merging galaxies, and 28 nearby isolated spiral galaxies. We find that normal isolated spiral galaxies and merging galaxies have different slopes (alpha) in the log LCO(3-2) - log LFIR plane (alpha ~ 0.79 for spirals and ~ 1.12 for mergers). The large slope (alpha > 1) for merging galaxies can be interpreted as an evidence for increasing Star Formation Efficiency (SFE=LFIR/LCO(3-2)) as a function of LFIR. Comparing our results with sub-kpc scale local star formation and global star-burst activity in the high-z Universe, we find deviations from the linear relationship in the log LCO(3-2) - log LFIR plane for the late stage mergers and high-z star forming galaxies. Finally, we find that the average SFE gradually increases from isolated galaxies, merging galaxies, and to high-z submillimeter galaxies / quasi-stellar objects (SMGs/QSOs). By comparing our findings with the results from numerical simulations, we suggest; (1) inefficient star-bursts triggered by disk-wide dense clumps occur in the early stage of interaction and (2) efficient star-bursts triggered by central concentration of gas occur in the final stage. A systematic high spatial resolution survey of diffuse and dense gas tracers is a key to confirm this scenario.