Entry of Wal-Mart Supercenters and Supermarkets’ Profit Margins
| dc.creator | Liu, Xiaoou | |
| dc.creator | Lopez, Rigoberto | |
| dc.date | 2017-04-01T19:59:54Z | |
| dc.date.accessioned | 2026-07-09T07:03:15Z | |
| dc.description | This article quantifies the impact of Wal-Mart Supercenters on supermarkets’ profitability via a two-stage dynamic entry game, using method of simulated moments and milk scanner data from Dallas/Fort Worth supermarkets. The empirical findings show that the entry of Wal-Mart Supercenters accounts for about an average 50% decrease in milk profit margins for incumbent supermarkets. Effects of scale are found to be more significant for Wal-Mart Supercenters than for incumbent supermarkets, granting Wal-Mart a competitive edge. | |
| dc.identifier | doi:10.22004/ag.econ.148291 | |
| dc.identifier | https://ageconsearch.umn.edu/record/148291/files/wp3.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/148291 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/583974 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/148291 | |
| dc.title | Entry of Wal-Mart Supercenters and Supermarkets’ Profit Margins | |
| dc.type | Text |