Showing 1 - 10 of 60
The labour productivity differentials between manufacturing firms in Ghana and South Korea exceed those implied by … and South Korea.  There is no significant difference in total factor productivity across the countries once we allow for … in the shape of the relationship between productivity and human capital across countries is crucial for understanding the …
Persistent link: https://www.econbiz.de/10011004209
In this paper data from a school survey in India is used to ask whether there is evidence for the payment of performance related pay and whether such pay structures do impact on student achievement. It is shown that - after controlling for student ability, parental background and the resources...
Persistent link: https://www.econbiz.de/10010605184
: their technology and the importance of technical and allocative efficiency. We show that the diversity of factor choices is … not due to a non-homothetic technology. Observable skills are not quantitatively important as determinants of productivity … distortions could be removed substantial gains thorough improvements in allocative efficiency would be possible. …
Persistent link: https://www.econbiz.de/10011152503
technology and the importance of technical and allocative efficiency. We show that the diversity of factor choices in not due to … a non-homothetic technology. Observable skills are not quantitatively important as determinants of productivity … differentials could be levelled out, substantial gains thorough improvements in allocative efficiency would be possible. …
Persistent link: https://www.econbiz.de/10011152506
The paper measures productivity growth in seventeen countries in the nineteenth and twentieth centuries.  GDP per …
Persistent link: https://www.econbiz.de/10009001283
substantial heterogeneity (both across sectors and time) in rates of growth of value-added, hours worked, labour productivity and … Total Factor Productivity during the sample period. The decline in constant price value-added in aggregate manufacturing … during the sample period is associated with significant changes in the relative size of individual sectors, and with …
Persistent link: https://www.econbiz.de/10005661254
In this paper we extend Rydberg-Shephards acivity, direction and size decomposition of trade-by-trade price movements …
Persistent link: https://www.econbiz.de/10010605061
In this paper we introduce a decomposition of the joint distribution of price changes of assets recorded trade-by-trade. Our decomposition means that we can model the dynamics of price changes using quite simple and interpretable models which are easily extended in a great number of directions,...
Persistent link: https://www.econbiz.de/10010661337
The rate of cost pass-through exceeds 50% under strategic delegation of decision-making to managers with sales revenue contracts - regardless of the number of firms in the industry and demand curvature.  This contrasts sharply with profit-maximization, for which cost pass-through can take on...
Persistent link: https://www.econbiz.de/10005047953
Market share objectives are prominent in many industries, especially where managers pay much attention to league table rankings. This paper explores the strategic rationale for giving managers incentives based on market share in an oligopoly competing in strategic substitutes. Moreover, the...
Persistent link: https://www.econbiz.de/10005047966