Year: 2009
Author: Higón, Dolores Añón
Applied Economics Quarterly, Vol. 55 (2009), Iss. 4 : pp. 313–334
Abstract
This paper investigates factors explaining firms' productivity differences in the British retail sector. In particular, using simultaneous quantile regressions, it aims to uncover performance gaps stemming from foreign ownership and multinationality, as well as national scale economies. The findings suggest that foreign ownership weakly explains differences in performance across retailers. Only when firms in the upper quantiles of the TFP distribution are compared, the role of foreign ownership gains statistical significance, although with exceptions. In addition, firms able to expand their infrastructure across Great Britain possess a productivity advantage over more local retailers. This implies that the existence of a national network of stores (national scale economies) may be more important than the origin of ownership in explaining performance gaps in retailing.
JEL Classifications: D24, F23, L25, L81
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Journal Article Details
Publisher Name: Global Science Press
Language: English
DOI: https://doi.org/10.3790/aeq.55.4.313
Applied Economics Quarterly, Vol. 55 (2009), Iss. 4 : pp. 313–334
Published online: 2009-10
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 22