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based on linearprogramming approaches for efficiency measurement. We provide an application to Spanishmunicipalities, which …
Persistent link: https://www.econbiz.de/10008602625
This study analyzes the links between efficiency and the decentralization of competencies among Spanish local … municipalities were conferred on more competencies. In addition, the likely efficiency gains from enhanceddecentralization increase …
Persistent link: https://www.econbiz.de/10005812818
In recent decades, spatial effects have been incorporated into mainstream economics. Nevertheless, although the addition of these spatial effects to the inequality indexes would be a natural extension in this line of research, to our knowledge, there are not contributions assessing neighborhood...
Persistent link: https://www.econbiz.de/10010860700
the European Union, efficiency gains from trade creation could be potentially important. However, the analysis of the …
Persistent link: https://www.econbiz.de/10005515831
The management of a life insurance portfolio or pension fund must take intoaccount the temporal evolution of its liabilities and its assets through some variables:the factors and returns. Their behaviour is analysed statistically and we deduce it to avector error correction model (VECM). Using...
Persistent link: https://www.econbiz.de/10005515801
This paper proposes a historically-grounded mechanism-design model of corporate finance, with two-side risk aversion under limited contract enforceability, where (inside) equity held by entrepreneurs, debt and (outside) equity coexist. This capital structure shares optimally the...
Persistent link: https://www.econbiz.de/10005731430
In this paper we explore in depth the effect of process innovations on total factor productivity growth for small and medium enterprises (SMEs), taking into account the potential endogeneity problem that may be caused by self selection into these activities. First, we analyse whether the ex-ante...
Persistent link: https://www.econbiz.de/10008599654
Over the last few years, many studies have analyzed the productive efficiency of local governments in different … analysis in which the efficiency of municipalities is evaluated after splitting them into clusters according to various … results show that both output mix and, more especially, environmental conditions, should be controlled for, since efficiency …
Persistent link: https://www.econbiz.de/10008602624
This article analyzes the efficiency of Comunitat Valenciana (Spain) local governments and their main explanatory … variables. The analysis is performed in two stages. Firstly, efficiency is measured via (nonparametric) activity analysis … primarily overall cost, technical, or allocative. The second stage identifies some critical determinants of efficiency, focusing …
Persistent link: https://www.econbiz.de/10005212533
the period 1965-90, breaking down the productivity gains into technicalchange and gains in efficiency. For this purpose we …
Persistent link: https://www.econbiz.de/10005731098