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Marketmaking middlemen
Gautier, Pieter; Hu, Bo; Watanabe, Makoto - 2016
This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a middleman mode where an intermediary holds inventories which...
Persistent link: https://www.econbiz.de/10011526728
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The effects of local market concentration and international competition on firm productivity : evidence from Mexico
Rodríguez-Castelán, Carlos; López-Calva, Luis F.; … - 2020
Although market concentration is one of the main impediments to productivity growth globally, data constraints have limited its analysis to developed countries or cross-country studies based on definitions of market concentration across nations and industries. This paper takes advantage of a...
Persistent link: https://www.econbiz.de/10012202018
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Production risk, energy use efficiency and productivity of Korean industries
Khayyat, Nabaz T.; Heshmati, Almas - 2014
. Efficiency in the use of energy is a way to reduce dependency and emissions. This study provides empirical results of the …
Persistent link: https://www.econbiz.de/10010339594
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Relative efficiency, scale effect, and scope effect of public hospitals : evidence from Australia
Wang, Jian (contributor); Zhao, Zhong (contributor);  … - 2006
Using the 1997-1998 New South Wales public-hospitals comparison data, we investigate the hospital-level inefficiency by applying a stochastic-frontier multiproduct cost function. We use a flexible translog cost function to reduce the measurement errors of the outputs of the hospital. The main...
Persistent link: https://www.econbiz.de/10003523195
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Skilled immigrants' contribution to productive efficiency
Nahm, Daehoon; Tani, Massimiliano - 2014
This paper studies whether skilled migrants contribute to the host country's "productive efficiency" (Farrell, 1957 … find that skilled migrants contribute positively to a country's productive efficiency with the exception of the finance …
Persistent link: https://www.econbiz.de/10010381869
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Good and bad institutions : is the debate over? ; cross-country firm-level evidence from the textile industry
Bhaumik, Sumon Kumar; Dimova, Ralitza - 2011
labour market regulations that are considered to be bad for economic growth might be beneficial for production efficiency … production efficiency. We argue that our results suggest that the debate about the implications of institutional quality is far … ; production efficiency ; stochastic frontier model …
Persistent link: https://www.econbiz.de/10009130624
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Efficiency in poverty reduction : a state-level analysis for Bolivia
Canavire-Bacarreza, Gustavo; Puerta-Cuartas, Alejandro; … - 2024
A decline in poverty generally masks regional disparities that are due to varying efficiency among states. Using a … generalized true random-effects model, we distinguish between persistent and transient inefficiencies on subnational efficiency to … reduce poverty and its determinants in Bolivia. Our findings reveal that states differ in terms of efficiency, with some …
Persistent link: https://www.econbiz.de/10014486352
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Should farmers farm more? : comparing marginal products within Malawian households
Brummund, Peter; Merfeld, Joshua D. - 2021
According to standard economic theory, households should equate the marginal revenue product of an input across activities within the household. However, this prediction may not hold in the presence of risk. Using data on farm plots and non-farm enterprises in Malawi, we examine the impact of...
Persistent link: https://www.econbiz.de/10012612629
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Intangible investment and technical efficiency : the case of software-intensive manufacturing firms in Turkey
Findik, Derya; Tansel, Aysıt - 2015
This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …
Persistent link: https://www.econbiz.de/10011309152
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The effects of access to credit on productivity : separating technological changes from changes in technical efficiency
Jimi, Nusrat Abedin; Nikolov, Plamen; Malek, Mohammad Abdul - 2019
) and technical efficiency changes. We found that relative to the baseline rice output per decimal, access to credit … total effect into the frontier shift and efficiency improvement, we found that, on average, around 11 percent of the … improvements in technical efficiency. The efficiency gain was higher for modern hybrid rice varieties, and almost zero for …
Persistent link: https://www.econbiz.de/10012058453