Efficiency in Hypermarket Retailing: A Stochastic Frontier Model

被引:28
作者
Barros, Carlos Pestana [1 ]
机构
[1] Univ Tecn Lisboa, Inst Super Econ & Gestao, Lisbon, Portugal
关键词
Hypermarket retailing; efficiency; decision-making; stochastic econometric frontier;
D O I
10.1080/09593960500049381
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyses the technical efficiency of a Portuguese hypermarket retail chain, in order to investigate the chain's performance. A stochastic Cobb-Douglas cost frontier model is used to generate retail chain efficiency scores. It is found that the chain's efficiency scores are high for some outlets and low for others. Therefore, the author proposes a modification of management procedures in order to enable efficiency to be increased, based on a governance-environment framework.
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页码:171 / 189
页数:19
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