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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
high regional disparities, varying with the sector. We also find diverse combinations in productivity and unit price of …
Persistent link: https://www.econbiz.de/10005125734
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 …
Persistent link: https://www.econbiz.de/10005412877
high regional disparities, varying with the sector. We also find diverse combinations in productivity and unit price of …
Persistent link: https://www.econbiz.de/10005556182
raising labour force participation and productivity can partly offset the impacts of an ageing population. These would enhance …
Persistent link: https://www.econbiz.de/10005556842
s: An earlier study (Cieply, Paranque, 1996) revealed the existence of a size effect in the determination of the …
Persistent link: https://www.econbiz.de/10005561625
Although the GATT prohibits discriminatory import tariffs, it includes means for circumventing this prohibition. The previous literature uses static models and discriminatory tariffs increase welfare. In a dynamic model, if governments lack the ability to precommit, this is not necessarily true....
Persistent link: https://www.econbiz.de/10005062636
Anterasian et al. (1996) present a one-sided argument that the use of market share as an objective is detrimental. Because two-sided arguments are persuasive for intelligent audiences, one might wonder why they chose a one-sided approach. Having spent the past decade working on this topic, I...
Persistent link: https://www.econbiz.de/10005408107