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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/10005118707
, 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 …
Persistent link: https://www.econbiz.de/10005561540
Because of the costs involved in such exercises, current productivity measures do not necessarily fully take into … that are derived are not grounded in production theory, but the “payment for output” measure can be related to theory … contrast to productivity (incorporating changes in measured quality) estimates. For Australia as a whole in the 1989-90 to 1998 …
Persistent link: https://www.econbiz.de/10005561828
base (2005). Second, we establish clear empirical links between infrastructure and productivity using South African time …- income countries for the period 1980-2002 and then project investment needs in these sectors until 2010. Our projections …
Persistent link: https://www.econbiz.de/10005125863
infers that, all nations, irrespective their level of development, should evaluate Productivity/Management Decisions with …
Persistent link: https://www.econbiz.de/10005408439
Australian, state and territory regimes came under review for the Commission’s inquiry into native vegetation and biodiversity regulations. The Commission’s preliminary findings were released for public comment in December 2003. It found that the cost of farm regulations could be reduced if...
Persistent link: https://www.econbiz.de/10005556186
practical solutions. Algebraic Model with a broad based Redefined Productivity Model and Management Decision integrated with …
Persistent link: https://www.econbiz.de/10005119190
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
heterogeneity suggest evidence of significant misallocation, especially in external financing of investment. While these results …
Persistent link: https://www.econbiz.de/10005076952