Showing 1 - 10 of 4,110
Organisation capital is one of the key intangible assets of firms, driving innovation and firm performance. Measuring this asset has been notoriously difficult, however. Differently to other intangible assets, firms do not build up organisation capital primarily by monetary investment but rather...
Persistent link: https://www.econbiz.de/10014097646
Persistent link: https://www.econbiz.de/10010429785
Scale characteristics are key properties of production functions that determine optimal firm sizes, and have considerable policy implications for sectors undergoing restructuring. However, estimates of scale characteristics typically vary with the assumptions of the underlying empirical model....
Persistent link: https://www.econbiz.de/10011453711
Scale characteristics are key properties of production functions that determine optimal firm sizes, and have considerable policy implications for sectors undergoing restructuring. However, estimates of scale characteristics typically vary with the assumptions of the underlying empirical model....
Persistent link: https://www.econbiz.de/10014127819
While productivity growth in electricity generation is associated with multiple positive effects from an economic and … environmental perspective, measuring it is challenging. This paper proposes a framework to estimate and decompose productivity … estimation based on stochastic non-smooth envelopment of data (StoNED) allows for productivity estimation with few microeconomic …
Persistent link: https://www.econbiz.de/10011392214
We investigate productivity and cost pass-through of German manufacturing firms using administrative data from 2001 to … controlling for unobserved productivity shocks and unobserved input quality. Using our parameter estimates, we can compute total … factor productivity, markups and marginal costs. We find no effect of the EU ETS on firm productivity or profits for the …
Persistent link: https://www.econbiz.de/10012385375
Organisation capital is one of the key intangible assets of firms, driving innovation and firm performance. Measuring this asset has been notoriously difficult, however. Differently to other intangible assets, firms do not build up organisation capital primarily by monetary investment but rather...
Persistent link: https://www.econbiz.de/10012215284
We study the importance of intangible capital (R&D, software, patents) for the measurement of productivity using firm … of input choice and unobserved productivity shocks. We find a positive output elasticity for research and development (R … output production function reduces productivity dispersion (measured by the 90-10 decile range) on average by 3%, in some …
Persistent link: https://www.econbiz.de/10012156981
This article uses panel data estimation techniques to examine technical efficiency of individual dairy farms in northern Germany. To the extent that agricultural production is characterised by heterogeneous production conditions, estimation techniques that do not account for unobserved...
Persistent link: https://www.econbiz.de/10012750191
A detailed decomposition of the sources of the Total Factor Productivity (TFP) growth index within an output distance …
Persistent link: https://www.econbiz.de/10001554028