This paper analyzes the distribution of technical efficiency within manufacturing industries. Using a representative sample of 35,000 firms in 255 industries of the German cost structure census, technical efficiencies are estimated by applying a deterministic frontier production function with...

Using micro-level panel data of about 35,000 firms from the German Cost Structure Census, we analyze the differences of technical efficiency across industries. Technical efficiency is estimated by firms fixed effects. One striking result is that the distribution of technical efficiency across...

In this paper, we consider how Russian Agriculture has developed since the constitution of the Russian Federation. The analysis is based on Oblast level data of 75 territorial units during the period from 1993 to 1998 and is focusing on technical efficiency (TE), technological change, and (both...

Das Ziel dieser Arbeit ist es, den Zusammenhang zwischen der technischen Effizienz des Produktionsprozesses und dem wirtschaftlichen Erfolg landwirtschaftlicher Betriebe aufzudecken und betriebsspezifische Faktoren zu bestimmen, die diese beiden Größen beeinflussen. Wir analysieren hierfür...

At the article the risks accompanying realization of currency banking operations are reviewed and also the improved currency risk management system for commercial banks is offered. The large attention is given to problems of limits installation on currency operations and development of internal...

В статье рассмотрены риски, сопровождающие проведение валютных банковских операций, а также предложена усовершенствованная система управления валютным риском...

We review some recent papers on a large dynamic factor model (LDFM) and its applications to structural macroeconomic analysis. Then we prove some convergence results concerning with the stochastic variables which define such a model.