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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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