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A parametric measure of productivity change from hyperbolic distance function : application to the Vietnamese banking industry

Vu, Ha; Turnell, Sean - In: Journal of applied finance & banking 2 (2012) 5, pp. 63-96

, using the Bayesian approach. Then it derives an expression to measure scale efficiency from this estimated function. Finally …, it shows measurements of three components of productivity change. The first component, technical efficiency change, is … measured as a ratio of distances along a chosen input-output vector. The third component, scale efficiency change, is …

Persistent link: https://www.econbiz.de/10010058696

The power of the “objective” Bayesian unit-root test

Ahking, Francis W. - In: The open economics journal 2 (2009), pp. 71-79

Some researchers, for example, Koop [1], and Sims [2], have advocated for Bayesian alternatives to unit-root testing over the classical approach using the augmented Dickey-Fuller test (ADF). This paper studies the power of what Koop [1] has called the Objectiveʺ Bayesian approach to unit-root...

Persistent link: https://www.econbiz.de/10010080118

Hedging Italian equity mutual fund returns during the recent financial turmoil : a duration-dependent Markov-switching approach

Zagaglia, Paolo - In: Journal of applied finance & banking 3 (2013) 3, pp. 325-337

We study optimal hedging design for returns on an Italian equity mutual fund index since 2008. Alternative hedging instruments include one-month futures contracts for FTSE-MIB, FTSE100 and Xetra DAX. We use bivariate models of our Italian equity mutual fund index and each hedging instrument to...

Persistent link: https://www.econbiz.de/10010148077

Forecasting movement of the Nigerian Stock Exchange All Share index using artificial neural and Bayesian networks

Bola, Adetunji Abigail; Adesola, Aderounmu Ganiyu; … - In: Journal of finance and investment analysis 2 (2013) 1, pp. 41-59

This paper presents a study of Artificial Neural Network (ANN) and Bayesian Network (BN) for use in stock index prediction. The data from Nigerian Stock Exchange (NSE) market are applied as a case study. Based on the rescaled range analysis, the neural network was used to capture the...

Persistent link: https://www.econbiz.de/10010148286

Efficiency measurement in Greek dairy farms : stochastic frontier vs. data envelopment analysis

Theodoridis, A. M.; Psychoudakis, A. - In: International journal of economic sciences and applied … 1 (2008) 2, pp. 53-66

Analysis (DEA) have become very popular in the analysis of productive efficiency. This paper undertakes a comparison of … sample of 165 dairy farms in Greece. However, the aim of this paper is not only to compare estimates of technical efficiency … obtained from two approaches, but also to produce efficiency data about the farms studied, which have implications for …

Persistent link: https://www.econbiz.de/10009958029

Why activity based costing (ABC) is still tagging behind the traditional costing in Malaysia?

Rasiah, Devinaga - In: Journal of applied finance & banking 1 (2011) 1, pp. 83-106

This study compares activity-based costing (ABC) model and traditional costing method in Malaysia. Activity based costing (ABC) which was developed into the manufacturing/service sectors in Malaysia. It calculates the cost and performance of activities, resources and cost objects. It can be...

Persistent link: https://www.econbiz.de/10009958482

Befristete Beschäftigung hat keinen Einfluss auf die betriebliche Arbeitsproduktivität

Nielen, Sebastian; Schiersch, Alexander - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 79 (2012) 21, pp. 14-17

Die Befristung von Arbeitsverträgen hat in den letzten Jahren zunehmend an Bedeutung gewonnen. In der Folge wird auch intensiv über die positiven wie negativen Effekte dieser Beschäftigungsform diskutiert. Die Debatte beschränkt sich jedoch im Wesentlichen auf Arbeitsmarktaspekte und die...

Persistent link: https://www.econbiz.de/10010079402

Forschende Unternehmen schneiden besser ab

Eickelpasch, Alexander - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 79 (2012) 35, pp. 3-14

Die industrielle Forschung hat in den vergangenen zehn Jahren expandiert. Sowohl die Zahl der forschenden Unternehmen als auch die Beschäftigung in Forschung und Entwicklung und die finanziellen Aufwendungen in diesem Bereich haben deutlich zugenommen. Zuwächse gab es vor allem bei Unternehmen...

Persistent link: https://www.econbiz.de/10010079447

Measuring and decomposing sources of productivity performance in India’s paper and pulp industry under liberalized regime : a nonparametric approach

Ray, Sarbapriya - In: International journal of economic sciences and applied … 5 (2012) 1, pp. 147-171

change and technical efficiency change in India's paper industry. The prime objective of this article is to assess the impact … technical efficiency and technical change in this particular manufacturing sector. The paper applies Malmquist Productivity … stagnation in technical efficiency. Non-responding technical efficiency change and the deteriorating technical change were the …

Persistent link: https://www.econbiz.de/10010009000

Foreign direct investment and productivity spillovers : evidence from Turkey

Erdogan, Aysa Ipek - In: Journal of applied finance & banking 1 (2011) 4, pp. 185-199

This article analyzes the horizontal productivity spillover effects of foreign ownership on Turkish firms that are among the top 500 industrial enterprises in Turkey. Using a panel of 215 firms over the period 2004-2008, we find that domestic firms benefit from productivity spillovers from...

Persistent link: https://www.econbiz.de/10010009096