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. …

, under the assumption that a positive relationship exists between efficiency and productivity. Finally, we compare … institutional efficiency scores of national training markets to other measures of productivity and ask whether a particular set of …We investigate the effect of institutions on efficiency of training markets. After setting up a theoretical …

Because of the costs involved in such exercises, current productivity measures do not necessarily fully take into … contrast to productivity (incorporating changes in measured quality) estimates. For Australia as a whole in the 1989-90 to 1998 …-99 period, the annual multifactor productivity (MFP) increase was 1.64 percent and the annual increase in community preference …

high regional disparities, varying with the sector. We also find diverse combinations in productivity and unit price of …

industry in most cases, however, has displayed stagnating productivity growth, in some periods even a fall in productivity …. Does this fast-growing industry with a bad productivity record present a threat to aggregate productivity growth and, hence … its own stagnating productivity growth. Moreover, the industry has not yet exhausted opportunities for tackling existing X …

high regional disparities, varying with the sector. We also find diverse combinations in productivity and unit price of …

raising labour force participation and productivity can partly offset the impacts of an ageing population. These would enhance …

discrimination ensures efficient output decisions given product characteristics, coordination failures may prevent efficiency in the …