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Impact of reforms on plant-level productivity and technical efficiency: evidence from the Indian manufacturing sector

Bhaumik, Sumon Kumar; Kumbhakar, Subal C. - 2008

It is generally believed that the structural reforms that usher in competition and force companies to become more efficient were introduced later in India following the macroeconomic crisis in 1991. However, whether the post-1991 growth is an outcome of more efficient use of resources or greater...

Persistent link: https://www.econbiz.de/10010268573

Impact of Reforms on Plant-Level Productivity and Technical Efficiency: Evidence from the Indian Manufacturing Sector

Bhaumik, Sumon K.; Kumbhakar, Subal C. - Institute for the Study of Labor (IZA) - 2008

Persistent link: https://www.econbiz.de/10005700947

More Is Better! What Can Firm-Specific Estimates of the Impact of Institutional Quality on Performance Tell Us?

Bhaumik, Sumon K.; Dimova, Ralitza; Kumbhakar, Subal C.; … - 2014

enables us to estimate the marginal effect of institutional quality on TFP, factor inputs and output of each firm, which gives … particular level of institutional quality. We are also able to model marginal impact of institutional quality on both TFP and the … TFP alone, and our approach therefore informs policy discussions about the impact of institutional quality (and their …

Persistent link: https://www.econbiz.de/10010329045

Technical change and total factor productivity growth: the case of Chinese provinces

Heshmati, Almas; Kumbhakar, Subal C. - 2010

technical change (a component of TFP change) into two parts. One part is driven by time (manna from heaven) and the other part … technical change and TFP growth of provinces. …

Persistent link: https://www.econbiz.de/10010269407

Bayesian approach to disentangling technical and environmental productivity

Malikov, Emir; Kumbhakar, Subal C.; Tsionas, Efthymios G. - In: Econometrics 3 (2015) 2, pp. 443-465

This paper models the firm's production process as a system of simultaneous technologies for desirable and undesirable outputs. Desirable outputs are produced by transforming inputs via the conventional transformation function, whereas (consistent with the material balance condition) undesirable...

Persistent link: https://www.econbiz.de/10011755288

Management Practice in Production

Triebs, Thomas; Kumbhakar, Subal C. - 2012

In this paper we account for observed management practice in the estimation of aproduction function. In our model management practice is observable and we allow it toaffect output directly (neutral shift) and indirectly by affecting input productivity. Thisformulation gives us a semiparametric...

Persistent link: https://www.econbiz.de/10010312060

Productivity with General Indices ofManagement and Technical Change

Triebs, Thomas; Kumbhakar, Subal C. - 2012

sample of manufacturing firms in the US, UK, Germany and France. …

Persistent link: https://www.econbiz.de/10010312081

Estimating Economies of Scale and Scope with Flexible Technology

Triebs, Thomas; Saal, David S.; Arocena, Pablo; … - 2012

Economies of scale and scope are typically modelled and estimated using cost functions that are common to all firms in an industry irrespective of whether they specialize in a single output or produce multiple outputs. We suggest an alternative flexible technology model that does not make this...

Persistent link: https://www.econbiz.de/10010312125

A general model of technical change with an application to the OECD countries

Heshmati, Almas; Kumbhakar, Subal C. - 2011

In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...

Persistent link: https://www.econbiz.de/10010280731

Does institutional quality affect firm performance? Insights from a semiparametric approach

Bhaumik, Sumon K.; Dimova, Ralitza; Kumbhakar, Subal C.; … - 2012

Using a novel modeling approach, and cross-country firm level data for the textiles industry, we examine the impact of institutional quality on firm performance. Our methodology allows us to estimate the marginal impact of institutional quality on productivity of each firm. Our results bring...

Persistent link: https://www.econbiz.de/10010282584