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This paper investigates the efficiency of the public sector in a sense of public performance and expenditures. For 23 …, security and infrastructure. We use several efficiency techniques (FDH, order-m) and investigate input- and output …-oriented efficiency of the public sector. We find that countries with small public sectors tend to be more efficient no matter which …
Persistent link: https://www.econbiz.de/10011810896
productivity growth than other firms. Moreover, automation improves the efficiency of all stages of the production process by … reducing setup time, run time, and inspection time and increasing uptime and quantity produced per worker. The efficiency …
Persistent link: https://www.econbiz.de/10012142380
Most often, the competition authorities approve combinations based on the tradeoff between the expected efficiency … efficiency gains are actually achieved by the firms entering into consolidation in India, which experienced large number of … efficiency of the firms involved in mergers and acquisitions, separately for cross-border and domestic deals. …
Persistent link: https://www.econbiz.de/10010529467
productivity growth (TFPG), technical change, and efficiency change for a panel of firms during the period 1991 to 2001 in 26 … efficiency change using a Tobit regression for each industry. The results reveal that TFPG declined for all the sectors during … the period. The most significant factor affecting efficiency change, technical change and productivity growth is RD …
Persistent link: https://www.econbiz.de/10010437777
Persistent link: https://www.econbiz.de/10011598238
This paper analyses the cyclicality of fiscal policy (discretionary versus automatic) for 28 advanced economies over 1995-2021 by paying special attention to the Covid-19 crisis. We find evidence that discretionary fiscal policy during the Covid-19 crisis (2020-2021) was significantly more...
Persistent link: https://www.econbiz.de/10013373264
This paper describes the particular impacts of the financial and economic crisis on central and eastern European (CEE) countries, studies pro-cyclicality of fiscal policies, discusses the impact of the crisis on fiscal policy, and the policy response of various governments. After drawing some...
Persistent link: https://www.econbiz.de/10003874233
This document analyzes the patterns of fiscal and monetary policy in five economies of the Latin American Southern Cone (Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In contrast with earlier episodes when most...
Persistent link: https://www.econbiz.de/10011303276
This paper dwells on the Eurozone woes and addresses the origins of the transition from a fictitious boom to a painful bust by unravelling (i) the supply-side structural imbalances that formed the core-periphery economic divide, and (ii) the necessity of the periphery's sovereign debt to finance...
Persistent link: https://www.econbiz.de/10009687800
Persistent link: https://www.econbiz.de/10014485389