Traditional Markets Performance Analysis Considering the Impact of Large Discount Stores

The support policy for the traditional market has been a uniform support method focused on facility investment. As a result, it did not show any remarkable achievement compared to huge financial support. Therefore, the need for differentiated support methods based on more rigorous performance evaluation for each traditional market has been raised. In this paper, we will modify the traditional DEA model using the two stage method for a more reasonable evaluation of the traditional markets. After calculating the bias-corrected estimator of efficiency scores using bootstrap from original ones in the first stage, the relationship between environment factors and the bias-corrected scores is assessed. Among the five environmental factors, the residential population and the presence of large discount stores or SSMs were statistically significant.