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The Law of One Price in Data Envelopment Analysis: Restricting Weight Flexibility Across Firms

Kuosmanen, Timo; Cherchye, Laurens; Sipiläinen, Timo - EconWPA - 2003

thus far. This paper shows how LoOP-based weight restrictions can be incorporated in Data Envelopment Analysis (DEA …-specific output weights and variable returns-to-scale, and preserves the linear programming structure of the standard DEA. We apply … deepening the DEA analysis. …

Persistent link: https://www.econbiz.de/10005413250

Firm and Industry Level Profit Efficiency Analysis Under Incomplete Price Data: A Nonparametric Approach based on Absolute and Uniform Shadow Prices

Kuosmanen, Timo; Kortelainen, Mika; Sipiläinen, Timo; … - EconWPA - 2005

We discuss the nonparametric approach to profit efficiency analysis at the firm and industry levels in the absence of complete price information, and propose two new insights. First, choosing one commodity (whose price is known) as a numeraire good enables us to measure profit inefficiency in...

Persistent link: https://www.econbiz.de/10005413294

Data Envelopment Analysis in Environmental Valuation: Environmental Performance, Eco-efficiency and Cost-Benefit Analysis

Kuosmanen, Timo; Kortelainen, Mika - EconWPA - 2004

Data Envelopment Analysis (DEA) is a linear programming based method for evaluating performance of comparable … environmental economics and related fields remains limited. The purpose of this paper is to present basic principles of DEA and … evaluate its application possibilities for a range of environmental valuation problems. We show how DEA has to be adjusted to …

Persistent link: https://www.econbiz.de/10005556149

Technical Efficiency of Australian Wool Production: Point and Confidence Interval Estimates

Fraser, Iain; Horrace, William C. - EconWPA - 2002

A balanced panel of data is used to estimate technical efficiency, employing a fixed-effects stochastic frontier specification for wool producers in Australia. Both point estimates and confidence intervals for technical efficiency are reported. The confidence intervals are constructed using the...

Persistent link: https://www.econbiz.de/10005076575

The market for cocoa powder

Kox, Henk. L.M. - EconWPA - 2004

The paper analyses the forces that shape demand and supply processes in the market for cocoa powder. A brief statistical summary is given of the main trends in international demand and production, and the spatial shifts in cocoa processing. Ample attention is given to the role of technology...

Persistent link: https://www.econbiz.de/10005076863

ICT productivity and firm propensity to innovative investment: learning effect evidence from italina micro data

Atzeni, Gianfranco Enrico; Carboni, Oliviero Antonio - EconWPA - 2005

This work attempts to shed light on the “information technology productivity paradox”. Employing a large data set of Italian manufacturing firms we compute ICT marginal productivity across different cluster of firms and the impact of information and communication technology (ICT) on output...

Persistent link: https://www.econbiz.de/10005076878

Firm Ownership and Economic Efficiency

Bitros, George C. - EconWPA - 2003

The objective in this paper is to improve the existing evidence regarding the role ownership plays in economic efficiency. It is pursued through enhancements in modeling, estimation techniques, and experimental design. With respect to modeling, state ownership is explicitly introduced into the...

Persistent link: https://www.econbiz.de/10005077061

Technological Innovations: Slumps and Booms

Felli, Leonardo; Ortalo-Magne, Francois - EconWPA - 1997

This paper documents the delayed adoption of a major technological innovation: the adoption of the diesel locomotive in the US railway industry. Contrary to other instances of major technological innovations, the delay in the adoption of the diesel locomotive was not associated with an initial...

Persistent link: https://www.econbiz.de/10005077077

Human Capital: Infrastructural and Superstructural Constraints to Economic Performance across U.S. Native American Reservations and Trust Lands

Amavilah, Voxi Heinrich S - EconWPA - 2004

The current research emphasis on institutions as key determinants of economic performance, rather than on resources and resource productivity, has uncovered important questions for further research. For example, if institutions are central to economic performance, then what explains observed...

Persistent link: https://www.econbiz.de/10005125631

Human Capital and Income across U.S. Native American Reservations and Trust Lands

Amavilah, Voxi Heinrich S - EconWPA - 2005

The current research emphasis on institutions as key determinants of economic performance has uncovered important questions for further research. For example, if institutions are central to economic performance, then what explains observed differences in performance across parts of one economy...

Persistent link: https://www.econbiz.de/10005125647

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