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

Ichniowski, Casey - 1984

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/10012477724

Efficient Recapitalization

Philippon, Thomas - 2009

We analyze government interventions to recapitalize a banking sector that restricts lending to firms because of debt overhang. We find that the efficient recapitalization program injects capital against preferred stock plus warrants and conditions implementation on sufficient bank participation....

Persistent link: https://www.econbiz.de/10012463719

Subsidy Policies and Insurance Demand

Cai, Jing - 2016

Many new products presumed to be privately beneficial to the poor have a high price elasticity of demand and ultimately zero take-up rate at market price. This has led governments and donors to provide subsidies to increase take-up, with the concern of trying to limit their cost. In this study,...

Persistent link: https://www.econbiz.de/10012455978

The Impact of Rainfall on Rice Output in Indonesia

Levine, David I. - 2014

We estimate the impact of weather variation on agricultural output in Indonesia by examining the impact of local rainfall shocks on rice output at the district level. Our analysis makes use of local meteorological data on rainfall in combination with government administrative data on...

Persistent link: https://www.econbiz.de/10012458365

Profitability of Fertilizer : Experimental Evidence from Female Rice Farmers in Mali

Beaman, Lori A. - 2013

In an experiment providing fertilizer grants to women rice farmers in Mali, we found that women who received fertilizer increased both the quantity of fertilizer they used on their plots and complementary inputs such as herbicides and hired labor. This highlights that farmers respond to an...

Persistent link: https://www.econbiz.de/10012459883

The Impact of Plant-level Resource Reallocations and Technical Progress on U.S. Macroeconomic Growth

Petrin, Amil - 2011

reallocations and plant-level technical efficiency changes while allowing in the estimation for 459 different production … than aggregate technical efficiency. Our estimates of the contribution of reallocation range from 1.7% to 2.1% per year …, while our estimates of the average contribution of aggregate technical efficiency growth range from 0.2% to 0.6% per year …

Persistent link: https://www.econbiz.de/10012461957

Financial constraints and innovation : Why poor countries don't catch up

Gorodnichenko, Yuriy - 2010

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/10012462858

Education and Nonmarket Outcomes

Grossman, Michael - 2005

education has productive efficiency and allocative efficiency effects. I then modify these frameworks to allow for the …

Persistent link: https://www.econbiz.de/10012467095

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

Nemoto, Jiro - 2005

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/10012467310

Vertical Integration and Distance to Frontier

Acemoglu, Daron - 2002

We construct a model where the equilibrium organization of firms changes as an economy approaches the world technology frontier. In vertically integrated firms, owners (managers) have to spend time both on production and innovation activities, and this creates managerial overload, and...

Persistent link: https://www.econbiz.de/10012469519

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