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Fuzzy Frontiers of Production : Evidence of Persistent Inefficiency in Safety Expenditures

Ichniowski, Casey - 1984

This study documents a strong inverse relationship between accident rates and production in a sample of eleven firms in the same narrowly defined industry classification. Given the detailed set of input controls and controls for plant-specific and time-specific factors used in the analysis, the...

Persistent link: https://www.econbiz.de/10012477724

Kleptocracy and Divide-and-Rule : A Model of Personal Rule

Acemoglu, Daron - 2003

Many developing countries have suffered under the personal rule of kleptocrats', who implement highly inefficient economic policies, expropriate the wealth of their citizens, and use the proceeds for their own glorification or consumption. We argue that the success of kleptocrats rests, in part,...

Persistent link: https://www.econbiz.de/10012468558

Revisiting Some Productivity Debates

Van Biesebroeck, Johannes - 2003

Researchers interested in estimating productivity can choose from an array of methodologies, each with its strengths and weaknesses. Methods differ by the assumptions they rely on and imply very different calculations. I compare five widely used techniques: (a) index numbers, (b) data...

Persistent link: https://www.econbiz.de/10012468629

Productivity, Efficiency, Scale Economies and Technical Change : A New Decomposition Analysis

Nemoto, Jiro - 2005

to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most … shocks also caused downturns in the early and mid 90s. On the other hand, demand shocks captured by the efficiency change …

Persistent link: https://www.econbiz.de/10012467310

Identification and Efficiency Bounds for the Average Match Function under Conditionally Exogenous Matching

Graham, Bryan S. - 2016

under specific informational assumptions, and (iii) we calculate the AMF's semiparametric efficiency bound …

Persistent link: https://www.econbiz.de/10012456576

Algorithms and the Changing Frontier

Agwara, Hezekiah - 2014

We first summarize the dominant interpretations of the "frontier" in the United States and predecessor colonies over the past 400 years: agricultural (1610s-1880s), industrial (1890s-1930s), scientific (1940s- 1980s), and algorithmic (1990s-present). We describe the difference between the...

Persistent link: https://www.econbiz.de/10012458625

The Impact of Plant-level Resource Reallocations and Technical Progress on U.S. Macroeconomic Growth

Petrin, Amil - 2011

reallocations and plant-level technical efficiency changes while allowing in the estimation for 459 different production … than aggregate technical efficiency. Our estimates of the contribution of reallocation range from 1.7% to 2.1% per year …, while our estimates of the average contribution of aggregate technical efficiency growth range from 0.2% to 0.6% per year …

Persistent link: https://www.econbiz.de/10012461957

Financial constraints and innovation : Why poor countries don't catch up

Gorodnichenko, Yuriy - 2010

This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...

Persistent link: https://www.econbiz.de/10012462858

Vertical Integration and Distance to Frontier

Acemoglu, Daron - 2002

We construct a model where the equilibrium organization of firms changes as an economy approaches the world technology frontier. In vertically integrated firms, owners (managers) have to spend time both on production and innovation activities, and this creates managerial overload, and...

Persistent link: https://www.econbiz.de/10012469519

The World Technology Frontier

Caselli, Francesco - 2000

for capital. We find a negative cross-country correlation between the efficiency of unskilled labor and the efficiencies … this frontier, increases in the efficiency of unskilled labor are obtained at the cost of declines in the efficiency of …

Persistent link: https://www.econbiz.de/10012470833