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Financial Constraints and Innovation : Why Poor Countries Don't Catch Up
Gorodnichenko, Yuriy - 2015
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/10013039087
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Skilled Immigrants' Contribution to Productive Efficiency
Nahm, Daehoon - 2014
This paper studies whether skilled migrants contribute to the host country's 'productive efficiency' (Farrell, 1957) using input-output and immigration sectoral data for seven industries in twelve countries during the period 1999-2001. We find that skilled migrants contribute positively to a...
Persistent link: https://www.econbiz.de/10013050617
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Production Risk, Energy Use Efficiency and Productivity of Korean Industries
Khayyat, Nabaz T. - 2014
Korea imports all of its primary energy, which leads to high dependency and vulnerability related to its energy supply. Efficiency in the use of energy is a way to reduce dependency and emissions. This study provides empirical results of the stochastic production process in energy use. Special...
Persistent link: https://www.econbiz.de/10013055565
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An Analysis of Hospital Efficiency and Productivity Growth Using the Luenberger Productivity Indicator
Barros, Carlos Pestana; Menezes, António; Cabral … - 2021
We analyze the efficiency and productivity growth of a representative sample of Portuguese hospitals from 1997 to 2004 …, using an innovative approach by employing the directional distance function and the Luenberger productivity indicator. The … productivity indicator that is decomposed into the usual constituents of productivity growth: technological change and efficiency …
Persistent link: https://www.econbiz.de/10013317162
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When, Where and How to Perform Efficiency Estimation
Badunenko, Oleg - 2011
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the nonparametric kernel SFA estimator of Fan, Li and Weersink (1996) to the nonparametric bias corrected DEA estimator of Kneip, Simar and Wilson (2008). We assess the finite sample...
Persistent link: https://www.econbiz.de/10013120128
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Relative Efficiency, Scale Effect, and Scope Effect of Public Hospitals : Evidence from Australia
Wang, Jian - 2007
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/10012777982
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The Effects of Access to Credit on Productivity : Separating Technological Changes from Changes in Technical Efficiency
Jimi, Nusrat - 2019
Improving productivity among microenterprises is important, especially in low-income countries where market … imperfections are pervasive, and resources are scarce. Relaxing credit constraints can increase the productivity of microenterprises … on the overall productivity of rice farmers and disentangled the total effect into technological change (frontier shift …
Persistent link: https://www.econbiz.de/10012864861
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Intangible Investment and Technical Efficiency : The Case of Software-Intensive Manufacturing Firms in Turkey
Findik, Derya - 2015
This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component. Stochastic production frontier approach is used to simultaneously estimate the production function and the determinants of technical efficiency in the software intensive...
Persistent link: https://www.econbiz.de/10013016234
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A Comparison of Panel Data Models in Estimating Technical Efficiency
Rashidghalam, Masoomeh - 2016
The purpose of this paper is two-fold. First, it compares the performance of various panel data models in estimating technical efficiency in production. Second, it applies various stochastic frontier panel data models to estimate the technical efficiency of Iran's cotton production and to...
Persistent link: https://www.econbiz.de/10012996535
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Technical Efficiency, Unions and Decentralized Labor Contracts
Devicienti, Francesco - 2016
This paper explores the link between the presence of unions in the workplace, the adoption of decentralized labor agreements and technical efficiency, using a large sample of Italian manufacturing firms. We apply the Data Envelopment Analysis, and its robust version based on bootstrap theory, to...
Persistent link: https://www.econbiz.de/10012980313