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Van Biesebroeck, Johannes - 2021

Researchers interested in estimating productivity can choose from an array of methodologies, each with its strengths and weaknesses. Methods differ by the assumptions they rely on and imply very different calculations. I compare five widely used techniques: (a) index numbers, (b) data...

Persistent link: https://www.econbiz.de/10013220963

Fuzzy Frontiers of Production : Evidence of Persistent Inefficiency in Safety Expenditures

Ichniowski, Casey - 2021

This study documents a strong inverse relationship between accident rates and production in a sample of eleven firms in the same narrowly defined industry classification. Given the detailed set of input controls and controls for plant-specific and time-specific factors used in the analysis, the...

Persistent link: https://www.econbiz.de/10013236836

Financial Constraints and Innovation : Why Poor Countries Don't Catch Up

Gorodnichenko, Yuriy - 2014

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/10013070230

The World Technology Frontier

Caselli, Francesco; Coleman, Wilbur John - 2021

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 …

Persistent link: https://www.econbiz.de/10013248398

Productivity, Efficiency, Scale Economies and Technical Change : A New Decomposition Analysis

Nemoto, Jiro; Goto, Mika - 2021

to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most … shocks also caused downturns in the early and mid 90s. On the other hand, demand shocks captured by the efficiency change …

Persistent link: https://www.econbiz.de/10013249572

Meals on Wheels : Restaurant and Home Meal Production and the Exemption of Food from Sales and Value Added Taxes

Ab Iorwerth, Aled; Whalley, John - 2021

This paper discusses efficiency considerations underlying the widespread exemption of food from sales and value added … (including labour). On efficiency grounds, the exemption of food in sales and value added taxes …

Persistent link: https://www.econbiz.de/10013213419

Identification and Efficiency Bounds for the Average Match Function Under Conditionally Exogenous Matching

Graham, Bryan S. - 2018

under specific informational assumptions, and (iii) we calculate the AMF's semiparametric efficiency bound …

Persistent link: https://www.econbiz.de/10012936351

Pareto Efficient Taxation and Expenditures : Pre- and Re-Distribution

Stiglitz, Joseph E. - 2017

This paper shows that there is a presumption that Pareto efficient taxation entails a positive tax on capital. When tax and expenditure policies can affect the market distribution of income in ways that cannot be directly offset, those effects need to be taken into account, reducing the burden...

Persistent link: https://www.econbiz.de/10012946480

Market Provision of Public Goods : The Case of Broadcasting

Anderson, Simon P.; Coate, Stephen - 2021

This paper studies the market provision of a specific type of public good: radio and television broadcasts. Its main focus is to explore the ability of the market to provide broadcasting efficiently in a world in which broadcasters earn revenues by selling time to advertisers and advertisements...

Persistent link: https://www.econbiz.de/10013219689

A Framework to Compare Environmental Policies

Fullerton, Don - 2021

This paper builds a single model that can be used to show efficiency and distributional effects of eight different … approaches can be designed to have the same efficiency effects, even while they have different distributional effects. For … efficiency, enforcement capabilities, and political feasibility). The paper ends with a discussion of likely trade-offs among …

Persistent link: https://www.econbiz.de/10013220782