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Consistent specifications of the allocative inefficiency function in 'cost plus input share equations' systems may be difficult, if not impossible, to find because most plausible ones violate certain reasonable a priori conditions. Moreover, the models to which they lead give rise to highly...
Persistent link: https://www.econbiz.de/10014072903
Persistent link: https://www.econbiz.de/10011937579
This paper investigated the technical and allocative efficiency of commercial banks in Ethiopia. The analysis was based on unbalanced panel data of 19 banks over the period of 1990-2022. The study has applied shadow pricing approach to estimate and decompose the overall cost inefficiency into...
Persistent link: https://www.econbiz.de/10015386913
, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A … specific focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets … 2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …
Persistent link: https://www.econbiz.de/10011443937
convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include … productivity increases in Greece. …
Persistent link: https://www.econbiz.de/10011350203
sieben Mitgliedsländern der Eurozone (Griechenland, Portugal, Estland, Lettland, Litauen, Slowenien und die Slowakei) im …We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece … focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets, placing …
Persistent link: https://www.econbiz.de/10011373258
foregone social benefits. The findings reveal substantial economic costs: approximately €305 billion for Greece and €175 … for countries of origin within the European Union, using Greece and Poland as case studies from 2004 to 2019. Despite the … estimate the total opportunity cost of emigration, including direct costs of education, the opportunity cost of foregone …
Persistent link: https://www.econbiz.de/10015419894
This paper introduces a method for estimating structural labor supply models in the presence of unobservable wages and deviations of households' marginal revenue product of self-employed labor from their shadow wage. This method is therefore remarkably robust to a wide range of assumptions about...
Persistent link: https://www.econbiz.de/10014137535
This paper introduces a method for estimating structural labor supply models in the presence of unobservable wages and deviations of households' marginal revenue product of self-employed labor from their shadow wage. This method is therefore robust to a wide range of assumptions about labor...
Persistent link: https://www.econbiz.de/10014049299
Persistent link: https://www.econbiz.de/10013262625