This paper investigates the factors that explain the level and dynamics of manufacturing firm productive efficiency. In our empirical analysis, we use a unique sample of about 39,000 firms in 256 industries from the German Cost Structure Census over the years 1992-2005. We estimate the...

This paper investigates the factors that explain the level and dynamics of manufacturing firm productive efficiency. In our empirical analysis, we use a unique sample of about 39,000 firms in 256 industries from the German Cost Structure Census over the years 1992-2005. We estimate the...

This paper examines the evolution of the supermarket industry, from the birth of the chain store concept in the early 1900s to the recent rise of the Wal-Mart supercenter. The central message is that the major themes relevant today (the importance of scale and standardization, technological...