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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 … 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 …
Persistent link: https://www.econbiz.de/10005561828
In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...
Persistent link: https://www.econbiz.de/10005126447
infers that, all nations, irrespective their level of development, should evaluate Productivity/Management Decisions with …
Persistent link: https://www.econbiz.de/10005408439
practical solutions. Algebraic Model with a broad based Redefined Productivity Model and Management Decision integrated with …
Persistent link: https://www.econbiz.de/10005119190
Evidence on international capital flows suggests that foreign direct investment (FDI) is less volatile than other financial flows. To explain this finding, I model international capital flows under the assumptions of imperfect enforcement of financial contracts and inalienability of FDI....
Persistent link: https://www.econbiz.de/10005119449
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 … Schmidt (2000). The confidence intervals make explicit the precision of the technical efficiency estimates and underscore the …
Persistent link: https://www.econbiz.de/10005076575
We work out technical efficiency levels of the Indian States and Union Territories using Data Envelopment Analysis from … from 1980-81 to 1997-98 using Kernel densities. The efficiency factor accounted for 5.07 % only,technological change … productivity change is of 11.66%. The overall averages provide evidence of productivity improvements of 173.29 over 1980-81(base …
Persistent link: https://www.econbiz.de/10005125622
.Netherlands also has an efficiency score of one in 1966,1971,1976 and 1981.Japan,UK,Belgium,Ireland,Indonesia,Spain and Germany … East Asian countries. Japan has the highest average efficiency followed by Hong Kong in the East Asian region in the period …We work out technical efficiency levels of 29 countries consisting of some selected South Asian, East Asian and EU …
Persistent link: https://www.econbiz.de/10005408241