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, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique … as pivotal input in order to control for their particular contribution to firm-level efficiency. Conceptually, the study … results of this study suggest that – if the aim is to leverage companies' productivity – emphasis should be put on supporting …
Persistent link: https://www.econbiz.de/10008497587
We analyze the efficiency and productivity growth of a representative sample of Portuguese hospitals from 1997 to 2004 … productivity indicator that is decomposed into the usual constituents of productivity growth: technological change and efficiency …, using an innovative approach by employing the directional distance function and the Luenberger productivity indicator. The …
Persistent link: https://www.econbiz.de/10005233852
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10005703404
while there was an increase in the productivity of factor inputs during the 1990s, most of the growth in value added is … explained by growth in the use of factor inputs. We also find that median technical efficiency declined in all but one of the … industries between the two years, and change in technical efficiency explains a very small proportion in the change in gross …
Persistent link: https://www.econbiz.de/10005700947
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the … examples. We find that the reliability of efficiency scores critically hinges upon the ratio of the variation in efficiency to …
Persistent link: https://www.econbiz.de/10009323097
and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the … host country (i.e., spillovers). We document that backward linkages have a consistently positive effect on productivity of …
Persistent link: https://www.econbiz.de/10010884338
. We conclude that the household efficiency does yield empirically falsifiable restrictions despite being scarcely rejected …
Persistent link: https://www.econbiz.de/10011268877
there is a tradeoff as to efficiency and inequality with respect to services that are contracted to private companies in a …
Persistent link: https://www.econbiz.de/10011265645
There is substantial cross-country variation in secondary school design, with some countries tracking students into different ability schools very early, and other countries with little or no tracking at all. Does tracking length affects school performance, as measured by standardized test...
Persistent link: https://www.econbiz.de/10005233754
We characterize the equilibrium of a search model with a continuum of job and worker types, wage bargaining, free entry of vacancies and on-the-job search. The decentralized economy with monopsonistic wage setting yields too many vacancies and hence too low unemployment compared to first best....
Persistent link: https://www.econbiz.de/10005233771