Author
Listed:
- Justo De Jorge Moreno
- Oscar Rojas Carrasco
Abstract
The purpose of this work is twofold: on the one hand, recent methodologies will be used to estimate technical efficiency and its determinants factors in Spain's retail sector. In particular, the order- m approach, which is based on the concept of expected minimum input function and quantile regression, for the analysis of the factors determinants of efficiency is used. On the other hand, the results obtained applying the methods mentioned in the Spanish retail sector can contribute to opening up a new field of analysis since the results may be compared by means of the methodologies proposed as well as those which already exist in the literature.The paper used data envelopment analysis stochastic (order- m ) to measure efficiency and quantile regression analysis for the second stage in Spanish retail.For the second stage of analysis relative of the factors determinants of efficiency, we use quantile regression. We take account of heterogeneity between the different characteristics of firms, using quantile regression techniques. We find that firm size, age and market concentration are positively related to the efficiency along the quantiles considered in the analysis. The relationship between intensity of capital and better trained employees in the efficiency shows a curvilinear behavior. Also, there are significant differences by region to which the firm belongs.The main contribution of this paper is to provide an efficiency analysis for Spanish retail sector using a non parametric approach with a robust estimator and quantile regression analysis for second stage. This methodology allows for a more careful analysis of what happens at firm level.
Suggested Citation
Justo De Jorge Moreno & Oscar Rojas Carrasco, 2015.
"Evolution of efficiency and its determinants in the retail sector in Spain: new evidence,"
Journal of Business Economics and Management, Taylor & Francis Journals, vol. 16(1), pages 244-260, February.
Handle:
RePEc:taf:jbemgt:v:16:y:2015:i:1:p:244-260
DOI: 10.3846/16111699.2012.732958
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jbemgt:v:16:y:2015:i:1:p:244-260. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TBEM20 .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.