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Dokumenttyp:
Zeitschriftenaufsatz 
Autor(en):
Koppenberg, Maximilian; Hirsch, Stefan 
Nicht-TUM Koautoren:
nein 
Kooperation:
Titel:
Markup estimation: A comparison of contemporary methods at the example of European food retailers 
Abstract:
We compare the economic and econometric assumptions of two contemporary procedures for the estimation of markups, the stochastic frontier approach (SFA) and the production function approach (PFA), and apply them to EU food retailing over the period 2010–2018. Although, the estimates of the underlying technology of the two methods are similar, our results suggest that the PFA leads to significantly larger markups, yielding approximated excess consumer expenditures 58.14%–313.33% larger than predi...    »
 
Stichworte:
food retailing; market power; markup estimation; production function approach; stochastic frontier approach 
Intellectual Contribution:
Discipline-based Research 
Zeitschriftentitel:
Agribusiness 
Journal gelistet in FT50 Ranking:
nein 
Jahr:
2021 
Jahr / Monat:
2021-07 
Volltext / DOI:
Verlag / Institution:
Wiley 
E-ISSN:
0742-44771520-6297 
Publikationsdatum:
07.07.2021 
Key publication:
Nein 
Peer reviewed:
Ja 
International:
Ja 
Book review:
Nein 
commissioned:
not commissioned 
Technology:
Nein 
Interdisziplinarität:
Nein 
Leitbild:
Ethics & Sustainability:
Nein