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Title:

Power imbalances in French food retailing: Evidence from a production function approach to estimate market power

Document type:
Zeitschriftenaufsatz
Author(s):
Hirsch, Stefan; Koppenberg, Maximilian
Non-TUM Co-author(s):
nein
Cooperation:
-
Abstract:
We analyze whether an association of firms to the dominant oligopoly of food retail groups is related to higher oligopoly market power. We apply a production function approach for the estimation of firm-level markups to a sample of 3,366 French food retailers over the period 2006-2014. The results suggest the presence of power imbalances between firms of the dominant oligopoly and fringe firms. We also detect a positive connection between markups and profitability pointing to a reduction in cons...     »
Keywords:
Firm-level markups; Power imbalances; Production function approach; French food retailing
Intellectual Contribution:
Discipline-based Research
Journal title:
Economics Letters
Journal listet in FT50 ranking:
nein
Year:
2020
Journal volume:
194
Year / month:
2020-09
Pages contribution:
109387
Fulltext / DOI:
doi:10.1016/j.econlet.2020.109387
Publisher:
Elsevier BV
E-ISSN:
0165-1765
Date of publication:
01.07.2020
Judgement review:
0
Key publication:
Nein
Peer reviewed:
Ja
International:
Ja
Book review:
Nein
Commissioned:
not commissioned
Professional Journal:
Ja
Technology:
Nein
Interdisciplinarity:
Nein
Mission statement:
;
Ethics and Sustainability:
Nein
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