Showing 1 - 10 of 81
In this paper, a decomposition method for Tobit-models is derived, which allows the differences in a censored outcome variable between two groups to be decomposed into a part that is explained by differences in observed characteristics and a part attributable to differences in the estimated...
Persistent link: https://www.econbiz.de/10005656118
the most efficient innovation processes. We combine a traditional nonparametric frontier approach with super-efficiency … and tests for return to scale properties using bootstrap procedures to derive consistent and robust efficiency estimates … Denmark have the highest R&D efficiency on average in total manufacturing. However, sector-specific efficiency scores reveal …
Persistent link: https://www.econbiz.de/10009321843
This paper assesses the relative efficiency of knowledge production in the OECD using a nonparametric DEA approach. In … constraints. The efficiency scores presented are based on an intertemporal frontier estimation for the period 1995 to 2004. We …&D efficiency by attenuating the incentives to innovate and to allocate resources efficiently. …
Persistent link: https://www.econbiz.de/10008684686
Envelopment Analysis (DEA) to analyze the potential efficiency gains from mergers between water utilities at the county level. A … efficiency improvements through consolidation. Focusing on a hypothetical restructuring of the industry, we apply Data … conditional efficiency framework is used to account for the operating environment. Highest efficiency improvement potentials turn …
Persistent link: https://www.econbiz.de/10011083827
emerge: (i) any positive impact of ownership change is predominantly due to change in technical efficiency, not scale effects …
Persistent link: https://www.econbiz.de/10005123535
An enormous number of empirical papers have estimated technical efficiency, the distance of firms inside a frontier … efficiency and compare them to those in the statistical literature. We consider the relation between competition and efficiency …
Persistent link: https://www.econbiz.de/10005661534
The effects of Regional Trade Agreements (RTAs) are disputed. In this paper, we assess these effects using capital market data and an event-study approach, using a daily data set covering a thousand announcements spanning over eighty economies and a hundred RTAs over twenty recent years. We...
Persistent link: https://www.econbiz.de/10009293663
This paper studies the characteristics of departures from monetary unions. During the post-war period, almost seventy distinct countries or territories have left a currency union, while over sixty have remained continuously in currency unions. I compare countries leaving currency unions to those...
Persistent link: https://www.econbiz.de/10005123773
and a large panel data set covering over fifty years and 175 countries. Despite an extensive search, I am basically unable …
Persistent link: https://www.econbiz.de/10005124331
I search for a 'scale' effect in countries. I use a panel data set that includes 200 countries over forty years and …
Persistent link: https://www.econbiz.de/10005498014