We analyze how adding the shadow economy to official output figures affects technical efficiency. We find that this … only slightly affects the ranking of efficiency scores, but increases average efficiency. Our results are robust to the …

or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …

This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …

appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … labour shares, growth in labour and total factor productivity, and capital deepening. We find (a) MGVA was understated by … productivity and capital deepening has been understated and growth in total factor productivity overstated (e) total factor …

-country comparison is provided. It reveals, however, that FTT is often used as a temporary instrument. …

productivity growth (TFPG), technical change, and efficiency change for a panel of firms during the period 1991 to 2001 in 26 … the period. The most significant factor affecting efficiency change, technical change and productivity growth is RD …This paper uses the data envelopment analysis (DEA) based Malmquist productivity index to estimate total factor …

How have labor market institutions and welfare-state transfers affected jobs and productivity in Western Europe … wage bargaining has saved jobs throughout the postwar period, with no cost in terms of productivity. The welfare state …

This paper estimates the impact of financial development on industry-level total factor productivity (TFP) growth using …