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while there was an increase in the productivity of factor inputs during the 1990s, most of the growth in value added is … explained by growth in the use of factor inputs. We also find that median technical efficiency declined in all but one of the … industries between the two years, and change in technical efficiency explains a very small proportion in the change in gross …
Persistent link: https://www.econbiz.de/10010268573
, measured by labour productivity. To this end, the stochastic frontier technique is applied, basing the analysis on a unique … as pivotal input in order to control for their particular contribution to firm-level efficiency. Conceptually, the study … results of this study suggest that - if the aim is to leverage companies' productivity - emphasis should be put on supporting …
Persistent link: https://www.econbiz.de/10010269441
spillovers from other foreign firms operating in the same product market. This evidence on the dynamics of efficiency is …
Persistent link: https://www.econbiz.de/10010262073
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/10010269463
We analyze the efficiency and productivity growth of a representative sample of Portuguese hospitals from 1997 to 2004 … productivity indicator that is decomposed into the usual constituents of productivity growth: technological change and efficiency …, using an innovative approach by employing the directional distance function and the Luenberger productivity indicator. The …
Persistent link: https://www.econbiz.de/10005233852
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10010271756
labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …
Persistent link: https://www.econbiz.de/10010265548
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010333318
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … respectively technical change, aggregate distortions and allocative efficiency. Then, using the appropriate firm-level data, we …
Persistent link: https://www.econbiz.de/10010269431
productivity are similar. Second, unlike in previous studies, the efficiency change is the main contributor to the earlier study …This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The … combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential …
Persistent link: https://www.econbiz.de/10010271226