Showing 1 - 10 of 52
In this paper we propose an empirical model to decompose the evolution of the agricultural GDP share of Taiwan into …
Persistent link: https://www.econbiz.de/10005407731
discrimination ensures efficient output decisions given product characteristics, coordination failures may prevent efficiency in the …
Persistent link: https://www.econbiz.de/10005076900
This paper develops a model of pricing and advertising in a matching environment with capacity constrained sellers. Sellers' expenditure on directly informative advertising attracts consumers only probabilistically. Consumers who happen to observe advertisements randomize over the advertised...
Persistent link: https://www.econbiz.de/10005076903
Using a large firm level panel data set from four Asian countries, this paper compares the returns to various internal and external funds. A novel feature of our analysis is that we distinguish between financially constrained and unconstrained firms and determine selectivity-corrected estimates...
Persistent link: https://www.econbiz.de/10005076952
stock market efficiency is: Singapore, Thailand, Indonesia, Malaysia, Hong Kong and Taiwan. Singapore's stock market pricing …The efficiency of speculative markets, as represented by Fama's 1970 fair game model, is tested on weekly price index … data of six Asian stock markets - Hong Kong, Indonesia, Malaysia, Singapore, Taiwan and Thailand - using Sherry's (1992 …
Persistent link: https://www.econbiz.de/10005076962
Suppose an altruistic person, A, is willing to transfer resources to a second person, B, if B comes upon hard times. If B anticipates that A will act in this manner, B will save too little from both agents' point of view. This is the Samaritan's dilemma. The logic of the dilemma has been...
Persistent link: https://www.econbiz.de/10005077070
, subsidies and efficiency the of animal farming. To this end we first have to identify the production frontier and relative … efficiency level for each animal oriented type of farm in the sample. The production frontier and efficiency index for each type … between relative efficiency, farm size and environmentally friendly behavior realizing a non parametric regression of …
Persistent link: https://www.econbiz.de/10005124877
Persistent link: https://www.econbiz.de/10005125814
industry’s financial performance, efficiency and quality of service (though it does not attempt to benchmark private hospitals …
Persistent link: https://www.econbiz.de/10005134599
efficiency in different countries and under alternative policy approaches. The key findings are as follows. First, strong scale … subsidisation was also evident in a survey of thirty-one payment systems. Second, the minimalist approach was more efficiency … important policy tools that the central bank may adopt to improve the technical and economic efficiency of payment systems. …
Persistent link: https://www.econbiz.de/10005134703