Showing 1 - 10 of 8,241
This paper examines the efficiency of a decentralized equilibrium in a broad class of random-search job-ladder models …
Persistent link: https://www.econbiz.de/10015421860
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
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/10012472157
I analyze whether banks are efficient at allocating resources across intermediation activities. Competition between lenders means that resources are needed to draw borrowers into credit matches. At the same time, imperfect information between lenders and borrowers means that resources are also...
Persistent link: https://www.econbiz.de/10012458302
-sharing that improves efficiency …
Persistent link: https://www.econbiz.de/10012480241
production, as theory has hypothesized. The number of members in a group decreases both the quantity produced and the efficiency … 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 …
Persistent link: https://www.econbiz.de/10012476899
efficiency arising from the reallocation of resources, which can be measured via changes in factor income shares. We derive a … operationalize our non-parametric results and show that improvements in allocative efficiency account for about 50% of measured TFP …
Persistent link: https://www.econbiz.de/10012453706
Using a newly compiled data set, this paper provides insights into the characteristics of the child care industry. First, there is no difference in average quality of the services produced between nonprofit and for-profit centers. This indicates that nonprofit status cannot be taken as a signal...
Persistent link: https://www.econbiz.de/10012473577
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
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