Showing 1 - 10 of 2,790
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
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the … examples. We find that the reliability of efficiency scores critically hinges upon the ratio of the variation in efficiency to …
Persistent link: https://www.econbiz.de/10010280699
investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large … positive impact on a firm's productivity, with an overall elasticity of about 0.10; this general result is largely consistent … ahead in terms of the impact on productivity of their R&D investments; moreover, a shift in favour of the service sectors …
Persistent link: https://www.econbiz.de/10010280726
This paper describes a semiparametric Bayesian method for analyzing duration data. The proposed estimator specifies a complete functional form for duration spells, but allows flexibility by introducing an individual heterogeneity term, which follows a Dirichlet mixture distribution. I show how...
Persistent link: https://www.econbiz.de/10010276176
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
on students learning efficiency. The results indicate that the main effects of the re-organization on the learning … efficiency was a decreasing importance of students? attendance and of continuous preparation of the material. …
Persistent link: https://www.econbiz.de/10010262264
-socialist transition using financial data very little is known about how the apparent productivity gains were achieved. This paper follows … sources and limits of productivity growth. The data suggests that the factory was not far from the competitive optimum given … the size of ?plant and equipment? - efficiency gains were mostly achieved by plant size reduction and asset stripping. The …
Persistent link: https://www.econbiz.de/10010274456
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