Similar Search Results

Ljungqvist, Alexander - 2015

We study the efficiency of capital allocations at state-controlled and privately owned business groups in China. Using …

Persistent link: https://www.econbiz.de/10012457736

Efficiency and Equity in Schools around the World

Hanushek, Eric A. - 2002

of developed and developing countries show general problems with the efficiency of resource usage similar to those found …

Persistent link: https://www.econbiz.de/10012469765

Alternative Compensation Arrangements and Productive Efficiency in Partnerships : Evidence from Medical Group Practice

Gaynor, Martin - 1987

arrangements on productive efficiency in medical group practices. The technique employed is two-stage production frontier … estimation. This technique provides direct estimates of productive efficiency and allows for differences across agents in ability … or responsiveness to financial incentives. In the frontier literature productive efficiency is assumed to be exogenously …

Persistent link: https://www.econbiz.de/10012476899

Corruption in Chinese Privatizations

Fisman, Raymond - 2014

aggregate ownership transfers improve profitability, though not in cases where the transfers themselves were corrupted …

Persistent link: https://www.econbiz.de/10012458575

Estimating Gross Output Production Functions

Trunschke, Markus; Judd, Kenneth L. - National Bureau of Economic Research - 2024

This paper develops a novel method to estimate production functions. Earlier papers rely on special assumptions about the functional form of production functions. Our approach efficiently estimates all parameters of any production functions with Hicks-neutral productivity without additional...

Persistent link: https://www.econbiz.de/10015145156

Using Investment Data to Assess the Importance of Price Mismeasurement

Comin, Diego - 2004

This paper presents a new approach to assess the role of price mismeasurement in the productivity slowdown. I invert the firm's investment decision to identify the embodied and disembodied components of productivity growth. With a Cobb-Douglas production function, output price mismeasurement...

Persistent link: https://www.econbiz.de/10012468065

The Shape of Production Function and the Direction of Technical Change

Jones, Charles I. - 2004

This paper views the standard production function in macroeconomics as a reduced form and derives its properties from microfoundations. The shape of this production function is governed by the distribution of ideas. If that distribution is Pareto, then two results obtain: the global production...

Persistent link: https://www.econbiz.de/10012468236

Production Function and Wage Equation Estimation with Heterogeneous Labor : Evidence from a New Matched Employer-Employee Data Set

Hellerstein, Judith K. - 2004

In this paper, we first describe the 1990 DEED, the most recently constructed matched employer-employee data set for the United States that contains detailed demographic information on workers (most notably, information on education). We then use the data from manufacturing establishments in the...

Persistent link: https://www.econbiz.de/10012468369

Production and Learning in Teams

Herkenhoff, Kyle - 2018

The effect of coworkers on the learning and the productivity of an individual is measured combining theory and data. The theory is a frictional equilibrium model of the labor market in which production and the accumulation of human capital of an individual are allowed to depend on the human...

Persistent link: https://www.econbiz.de/10012480831

The Microeconomic Foundations of Aggregate Production Functions

Baqaee, David - 2018

Aggregate production functions are reduced-form relationships that emerge endogenously from input-output interactions between heterogeneous producers and factors in general equilibrium. We provide a general methodology for analyzing such aggregate production functions by deriving their first-...

Persistent link: https://www.econbiz.de/10012480944