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strategic incentives for either government or regulated entities. Consideration of both exogenous risk (uncontrollable) and … endogenous risk (concerns about policy credibility) suggests that permits should be auctioned several years in advance of use … all risk to be pooled and managed as efficiently as possible within the private sector. For endogenous risk, it creates a …
Persistent link: https://www.econbiz.de/10005407778
This paper investigates efficiency using data envelopment analysis (DEA) and productivity growth using Malmquist index … and loans and other earning assets as output in the DEA analysis we observe no significant growth in productivity during … equity to assets and high return to average equity ratios. There has been no growth in productivity in private sector banks …
Persistent link: https://www.econbiz.de/10005561554
to the data during 1961-1998. Our quantitative findings identify changes in the growth rate of total factor productivity …
Persistent link: https://www.econbiz.de/10005076702
rates of growth of the total factor productivity. The rate of growth of the total factor productivity was estimated as a … average annual rates of growth of the total factor productivity were very high (around 6 per cent) in the case of … of total factor productivity over time we found that Czechoslovakia, Poland and Bulgaria experienced a quite considerably …
Persistent link: https://www.econbiz.de/10005125000
Total factor productivity measurement enables researchers to determine the contribution of supply-side production … paper help in the identification of total factor productivity development as the main driving force of economic growth. The …
Persistent link: https://www.econbiz.de/10005125694
This paper argues that a significant part of measured TFP differences across countries is attributable not to technological factors that affect the entire economy neutrally, but rather, to variations in the structural composition of economies. In particular, the allocation of scarce inputs...
Persistent link: https://www.econbiz.de/10005126217
This paper utilizes the growth accounting framework to derive and analyze the relationship between the rate of growth of output and the ratio of investment to output. With plausible parametric assumptions this framework is used to examine the recent controversy in Fiji on investment and growth....
Persistent link: https://www.econbiz.de/10005126307
This paper models firms' entrepreneurial ability according to their ability to predict changes in productivity (i … distorted. It is shown that prediction ability can aggravate distortions in the presence of political risk. Because efficiency … affects the total factor productivity (TFP) of an economy, the model can explain how entrepreneurship influences TFP. …
Persistent link: https://www.econbiz.de/10005126334
firms' prediction ability on Total Factor Productivity (TFP) is investigated using data from Japan's Census of Manufacturing. …
Persistent link: https://www.econbiz.de/10005126425
the view that the creation of manufacturing subsidiaries have a positive impact on firm’s productivity trajectory and …
Persistent link: https://www.econbiz.de/10005062587