Showing 1 - 10 of 411
Credit risk is crucial to understanding banks' production technology and should be explicitly accounted for when modeling the latter. The banking literature has largely accounted for risk by using ex-post realizations of banks' uncertain outputs and the variables intended to capture risk. This...
Persistent link: https://www.econbiz.de/10011113008
This paper examines the farm size and productivity relationship using data from Nepalese mid hills. The household data … the explanation that the IR between farm size and productivity is due to variation in regions as well as access to …
Persistent link: https://www.econbiz.de/10005619483
industries and firms. We also found that Brazil’s labour productivity growth lagged behind what was achieved in other …This article reassesses the classic period of Import-Substituting Industrialisation (ISI) in Brazil between 1945 and … 1979. New data presented here show that Brazilian industry achieved significant labour productivity growth during the post …
Persistent link: https://www.econbiz.de/10008615046
The desire to increase manufacturing productivity has been a commonly cited goal of the trade liberalization episodes … in productivity. However, this paper finds that the methodology used in the literature ignores inter …-industry productivity spillovers and suggests that this omission biases estimates of the impact of import tariff reduction on industry …
Persistent link: https://www.econbiz.de/10011113736
The National Bioenergy Investment Model is a scenario model that simulates the decisions of domestic and international investors on whether to invest in biofuel enterprises in a developing country. In the model, investors compare the profitability of different biofuel feedstock and fuel...
Persistent link: https://www.econbiz.de/10011261019
The aim of this study is to analyse the price developments and to compare national macroeconomic policies in response to the consumer prices that started to soar in 2007 across the European Neighbourhood Policy countries, the other arcelona countries2, Russia, the Gulf Cooperation Council...
Persistent link: https://www.econbiz.de/10008526962
Over the course of the last few years ethanol production has expanded at an incredible pace, putting strain on corn markets and transportation systems throughout the Midwest. Driven by the government subsidy and profit possibilities, firm entry rates have spiked. Previous to 2006-2007 the...
Persistent link: https://www.econbiz.de/10005621902
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents evaluate differently the contested stake. Differently from common contest models, agents have the option of choosing a second instrument to affect the outcome of the conflict....
Persistent link: https://www.econbiz.de/10005835709
This article estimates returns to scale and monopolistic markups on a large sample of Polish firms in the manufacturing and services sectors during 1996-2004. Methodology based on instrumental variables allows joint estimation of both, scale elasticities as well as markups, while the unobserved...
Persistent link: https://www.econbiz.de/10011258773
If the output market is perfectly competitive and the firm’s production function is not concave, an increase in the output price may lead to an explosive increase in firm’s profits at some point. We explore the properties of this point, called a threshold price. We derive the formula for the...
Persistent link: https://www.econbiz.de/10008623462