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productivity change is of 11.66%. The overall averages provide evidence of productivity improvements of 173.29 over 1980-81(base ….20 while the contribution of capital deepening is 42.52% TO ACCOUNT for 173.20% overall PRODUCTIVITY CHANGE(not point to point … below for the growth accounting exercise which can totally account for point to point and overall productivity changes from …
Persistent link: https://www.econbiz.de/10005125622
This paper offers a review of investment performance appraisal methods. The review starts with an exhaustive coverage of various methods ranging from early measures of risk-adjusted return to more recent methods including the rating given by ASSIRT, a financial services organisation that assess...
Persistent link: https://www.econbiz.de/10005134916
We offer an efficiency-based approach to derive market partitions and respective benchmarks using Data Envelopment Analysis. Product efficiency is measured as an output to input value from the customer’s perspective. Products offering a maximum customer value relative to alternatives represent...
Persistent link: https://www.econbiz.de/10005135134
In this paper we tackle the problem of the presence of negative average rate of returns in the computation of the performance of ethical mutual funds. The presence of these negative values raises problems both in the computation of the classical performance indicators and in DEA modeling. In...
Persistent link: https://www.econbiz.de/10005062743
1966-2000. We also decompose labor productivity growth into components attributable to technological changes (shifts in the … the European countries it is the technical changes which has contributed to labour productivity changes between 1966 … rate, corruption perception indices, rule of law index, social capital and trust variables, formal and informal rules …
Persistent link: https://www.econbiz.de/10005408241
This paper estimates commercial banks’ efficiency in three relatively homogenous groups of countries with different level of economic development and different involvement in the process of European integration. The first group consists of Portugal and Greece, the second group is represented...
Persistent link: https://www.econbiz.de/10005413069
The Law of One Price (LoOP) states that all firms face the same prices for their inputs and outputs in the competitive market equilibrium. This law has powerful implications for productive efficiency analysis, which have remained unexploited thus far. This paper shows how LoOP-based weight...
Persistent link: https://www.econbiz.de/10005413250
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 (DEA) is a linear programming based method for evaluating performance of comparable production units such as firms. Although the method is already extensively applied in many areas of economics, its use in environmental economics and related fields remains limited. The...
Persistent link: https://www.econbiz.de/10005556149
which they perform relatively well. Using this method, we construct a meta-index of SD (MISD), which combines 14 existing … index. Within a sample of 154 countries, our index identifies 6 benchmark countries (3 high-income countries and 3 upper …
Persistent link: https://www.econbiz.de/10005556153