Showing 1 - 10 of 62
decomposition of productivity growth into technical change and efficiency change.The terms can now be broken down by sector as well …
Persistent link: https://www.econbiz.de/10011091863
efficiency change.In other words, the two well-known sources of productivity growth-technology and efficiency-can be augmented by … a third one, namely the industrial organization effect.In this paper the efficiency of an industrial organization and … its contribution to performance are measured by benchmarking all firms on the industry.More precisely, efficiency is …
Persistent link: https://www.econbiz.de/10011092768
We measure the contribution of fiscal decentralization to trust in government. Using repeated cross-country survey data of individuals on several measures of trust in govern- ment over the 1994-2007 period, we estimate an ordered response model of the government trust and fiscal decentralization...
Persistent link: https://www.econbiz.de/10011090404
We consider a Bayesian analysis of the stochastic frontier model with composed error.Under a commonly used class of (partly) noninformative prior distributions, the existence of the posterior distribution and of posterior moments is examined.Viewing this model as a Normal linear regression model...
Persistent link: https://www.econbiz.de/10011090882
This study investigates the impact of corporate governance and product market competition on total factor productivity growth in Germany and the UK.For Germany, the prototype of a bank-based governance system, productivity grows faster in firms controlled by financial institutions (in...
Persistent link: https://www.econbiz.de/10011091051
Persistent link: https://www.econbiz.de/10011091799
The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy.The approach undertaken is prominently empirical.After a very brief description of the regulatory levels on the two sides of the Atlantic, we take...
Persistent link: https://www.econbiz.de/10011091848
This study investigates the impact of corporate governance and product market competition on total factor productivity growth for two large samples of German and UK firms. In poorly performing UK firms, the presence of strong outside blockholders lead to substantial increases in productivity....
Persistent link: https://www.econbiz.de/10011092792
inputs in an efficient manner. We establish a positive relationship between production flexibility and cost efficiency. By …
Persistent link: https://www.econbiz.de/10011099373
Why do Scandinavian countries perform better in terms of environmental protection than other European Union countries? In this paper, we explore the hypothesis that societies characterised by low income inequality (such as the nordic European countries) generate political-economic equilibria...
Persistent link: https://www.econbiz.de/10011090302