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Efficiency in a Search and Matching Economy with a Competitive Informal Sector

Charlot, Olivier; Malherbet, Franck; Ulus, Mustafa - Institute for the Study of Labor (IZA) - 2012

We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies.

Persistent link: https://www.econbiz.de/10010744669

An Analysis of Hospital Efficiency and Productivity Growth Using the Luenberger Productivity Indicator

Barros, Carlos Pestana; Menezes, António Gomes de; … - Institute for the Study of Labor (IZA) - 2007

We analyze the efficiency and productivity growth of a representative sample of Portuguese hospitals from 1997 to 2004 …, using an innovative approach by employing the directional distance function and the Luenberger productivity indicator. The … productivity indicator that is decomposed into the usual constituents of productivity growth: technological change and efficiency …

Persistent link: https://www.econbiz.de/10005233852

Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?

Sabirianova Peter, Klara; Svejnar, Jan; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2005

Economic development implies that the efficiency of firms in developing countries is approaching that of firms in advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent alternative models of implementing development policies,...

Persistent link: https://www.econbiz.de/10005703404

Impact of Reforms on Plant-Level Productivity and Technical Efficiency: Evidence from the Indian Manufacturing Sector

Bhaumik, Sumon K.; Kumbhakar, Subal C. - Institute for the Study of Labor (IZA) - 2008

while there was an increase in the productivity of factor inputs during the 1990s, most of the growth in value added is …

Persistent link: https://www.econbiz.de/10005700947