empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …

) definition of aggregate productivity growth, which aggregates plant-level changes to changes in aggregate final demand in the … reallocations and plant-level technical efficiency changes while allowing in the estimation for 459 different production … technologies, one for each 4-digit SIC code. On average we find positive aggregate productivity growth of 2.2% in this sector …

to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most …This paper aims to examine the productivity change of the Japanese economy using the data pertaining to the 47 … prefectures during the period 1981-2000. The decomposition analysis of the Hicks-Moorsteen-Bjurek productivity index is conducted …

conditions implementation on sufficient bank participation. Preferred stock plus warrants reduces opportunistic participation by … aggregate credit risk exceed the cost of implicit transfers to bank debt holders …

How important are bureaucrats for the productivity of the state? And to what extent do the tradeoffs between different …

We study how innovation and technology diffusion interact to endogenously determine the shape of the productivity …

for capital. We find a negative cross-country correlation between the efficiency of unskilled labor and the efficiencies … this frontier, increases in the efficiency of unskilled labor are obtained at the cost of declines in the efficiency of …

find that a 0.01 increase in the import share leads to a 1.05% gain in technical efficiency. This elasticity translates …

percent increase in operating efficiency, achieved primarily by reducing the frequency and duration of reactor outages. At … average wholesale prices the value of this increased efficiency is approximately $2.5 billion annually and implies an annual …