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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
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
to study the performance of the proposed approach in controlled production environments. …
Persistent link: https://www.econbiz.de/10005413294
production for domestic and foreign markets differently, i.e, use the advantage of an undervalued currency. The estimation was … scale assumption on the Cobb-Douglas production function within the analyzed framework. …
Persistent link: https://www.econbiz.de/10005118676
-function further increases its potentialities to handle different scales of production. Various econometric estimation problems, such …The paper argues that Cobb-Douglas (CD) production function merits use for analysing the production process, not … because it should be looked upon as a simple tool which can be handled easily or as a crude remedy for estimation, but because …
Persistent link: https://www.econbiz.de/10005407915
/59, WHEN COAL PRODUCTION REACHED ITS PEAK, THERE HAS BEEN A PERSISTENT FLUCTUATION IN THE AMOUNT OF COAL PRODUCED IN SUBSEQUENT …
Persistent link: https://www.econbiz.de/10005412925
of family farms and socialist-style farms in the presence of risk, given the typical post-socialist environment …
Persistent link: https://www.econbiz.de/10005555994
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
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 substitution and price factors in production decisions. The paper …
Persistent link: https://www.econbiz.de/10005076863
efficiency. It is pursued through enhancements in modeling, estimation techniques, and experimental design. With respect to …
Persistent link: https://www.econbiz.de/10005077061