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Titel:

Revisiting firm flexibility and efficiency: evidence from the EU dairy processing industry

Dokumenttyp:
Zeitschriftenaufsatz
Autor(en):
Hirsch, Stefan; Mishra, Ashok; Möhring, Niklas; Finger, Robert
Nicht-TUM Koautoren:
ja
Kooperation:
international
Abstract:
We analyse the flexibility of EU dairy processors to adjust production to fluctuating economic conditions. For a set of 2,186 firms, we derive production flexibility measures representing the effect of output variations on costs. The results reveal that flexibility is highest in Poland and Italy and lowest in Spain. Several firm-specific factors, such as size and age of the firm, are found to affect firm flexibility. Moreover, we detect a tradeoff between flexibility and technical efficiency for...     »
Stichworte:
L23 - Organization of Production C26 - Instrumental Variables (IV) Estimation C23 - Panel Data Models; Spatio-temporal Models L66 - Food; Beverages; Cosmetics; Tobacco; Wine and Spirits L25 - Firm Performance: Size, Diversification, and Scope
Intellectual Contribution:
Discipline-based Research
Zeitschriftentitel:
European Review of Agricultural Economics
Journal gelistet in FT50 Ranking:
nein
Jahr:
2019
Jahr / Monat:
2019-03
Seitenangaben Beitrag:
1-38
Volltext / DOI:
doi:10.1093/erae/jbz003
Verlag / Institution:
Oxford University Press (OUP)
E-ISSN:
0165-15871464-3618
Publikationsdatum:
11.03.2019
Urteilsbesprechung:
0
Key publication:
Nein
Peer reviewed:
Ja
International:
Ja
Book review:
Nein
commissioned:
not commissioned
Professional Journal:
Ja
Technology:
Ja
Interdisziplinarität:
Nein
Leitbild:
;
Ethics und Sustainability:
Nein
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