A detailed decomposition of the sources of the Total Factor Productivity (TFP) growth index within an output distance function framework was carried out, looking at the following components: technical change, change in technical efficiency, scale component, and violations of the profit...

In this paper the existence and magnitude of market power for the German beer exporters is tested. Two theoretical approaches to model incomplete competition on international markets are employed, the 'pricing to market' (PTM) model the 'residual demand elasticity' (RDE) approach. Estimations...

This paper explores the consequences for parametric and non-parametric efficiency levels and rankings when using grouped instead of individual Decision Making Units (DMU). The bias results due to the differences of the grouped DMUs frontier compared to the individual DMUs frontier. Monte Carlo...

Eine Welle von Fusionen hat die Weltwirtschaft erfasst. Allein die Dimension der bei Großfusionen genannten Summen, die nicht selten das Bruttoinlandsprodukt von Volkswirtschaften übersteigen, führen zu einem erheblichen Maß an Verunsicherung. Dies wird auch in den Überschriften von...

In this paper the existence and magnitude of market power for German beer, cocoa powder, chocolate, and sugar confectionary exporters are tested. Two theoretical approaches are employed, the 'pricing of market' (PTM) and the 'residual demand elasticity' (RDE) approach. Even though all markets...

Unter den jetzigen Rahmenbedingungen halten im Durchschnitt lediglich 12 % der Haushalte der alten bzw. 3 % der Haushalte der neuen Bundesländer Aktien, d.h. dieser Anteil an Haushalten beteiligt sich bereits freiwillig am Produktivvermögen. Um Beteiligungen in größerem Umfang zu...

Based upon the structure-conduct-performance-approach the present paper analyses determinants of price-cost-margins over the business cycle for food industries in Germany, the USA as well as the Netherlands. Controlling for market structure variables, cyclical fluctuations in profitability are...

Whereas a large number of empirical studies have been devoted to analysing consumer demand for specific products, much less attention has been paid to the household's demand for product variety (the number of different products consumed in a specific time period). This paper analyses consumer...

This paper investigates the relationship between farm exits and various farm, family, and regional characteristics during the period of 1991 to 1999. Using county-level data for 326 regions in western Germany, econometric cross section estimations indicate that exits from farming are strongly...