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measure inputs. Contrasting two alternative econometric strategies to identify technical efficiency yields relatively stable … results. Furthermore, the paper addresses the problem of unobserved heterogeneity by relating the obtained efficiency rankings …. The results suggest that technical efficiency rankings can be obtained in a relatively simple econometric setting. …
Persistent link: https://www.econbiz.de/10010277778
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10010325710
We assess the efficiency of regional innovation systems (RIS) in Germany by means of a knowledge production function … institutions have a positive effect on the efficiency of private sector R&D in the respective region. It is not the mere presence …&D that leads to high RIS efficiency. We find that relationship between the diversity of a regions' industry structure and the …
Persistent link: https://www.econbiz.de/10010263783
this fishery precludes an analysis of how the buyback has affected profitability, but changes in technical efficiency can … on technical efficiency in the trawl fleet, applies stochastic frontier analysis to assess whether technical efficiency … little impact on trip-level technical efficiency in the study fishery. However, departures from the frontier are markedly bi …
Persistent link: https://www.econbiz.de/10010312658
In this work, inspired by Winter (2006), in fact of vintage 1968, we discuss the relation between three different levels of analysis of technologies, namely as (i) bodies of problem-solving knowledge, (ii) organizational procedures, and (iii) input-output relations. We begin by arguing that the...
Persistent link: https://www.econbiz.de/10010328440
efficiency measure andof conditional efficiency measure of order-m. Afterwards we suggest a practical wayfor computing the …
Persistent link: https://www.econbiz.de/10010328662
The main objective of this study is to analyse the evolution of banking efficiency in the Baltic countries after their … efficiency in the Baltic countries in the context of the enlarged EU during the period 2000-2013 using Bayesian stochastic … financial crisis. However, cost efficiency is still at low levels in line with the other European countries. …
Persistent link: https://www.econbiz.de/10013470722
function framework was carried out, looking at the following components: technical change, change in technical efficiency …
Persistent link: https://www.econbiz.de/10010297110
The availability of efficiency estimation software - freely distributed via the internet and relatively easy to use … - recently inflated the number of corresponding applications. The resulting efficiency estimates are used without a critical … form. The robustness of policy suggestions based on inferences from efficiency measures nevertheless crucially depends on …
Persistent link: https://www.econbiz.de/10010265914
). Even without making use of parallelized computation, an efficiency gain is observed both under strong and weak instruments …
Persistent link: https://www.econbiz.de/10010326354