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In recent decades, the ASEAN economies have implemented a number of regional integration policies. Using a panel dataset of 10 ASEAN countries from 1980 to 2017, this study examines the productivity and efficiency of the ASEAN economies using a stochastic production frontier model. Furthermore,...
Persistent link: https://www.econbiz.de/10013179517
The main goal of a scientific journal is to diffuse new knowledge. The number of citations received by a journal can be considered as a measure of this objective and, in turn, as a measure of productivity in relation to the production process in which the journals are involved. In order to...
Persistent link: https://www.econbiz.de/10012437397
Persistent link: https://www.econbiz.de/10011785209
This paper investigates the forces driving output growth, namely technological, efficiency, and input changes, in 80 countries over the period 1970-2000. Relevant past studies typically assume that: (i) countries use resources efficiently, and (ii) the underlying production technology is the...
Persistent link: https://www.econbiz.de/10012714412
In many industries, competition is far from perfect and managerial efficiency (or a fixed cost) varies among firms. However, traditional measurement of technological progress assumes perfect competition and no fixed cost. This paper incorporates these two factors in the technological-progress...
Persistent link: https://www.econbiz.de/10012446897
This paper proposes a stochastic frontier panel data model which includes time-invariant unobserved heterogeneity along with the efficiency effects. Following Paul and Shankar (2018), the efficiency effects are specified by a standard normal cumulative distribution function of exogenous...
Persistent link: https://www.econbiz.de/10012917106
This paper provides radial measurements of efficiency for the production process possessing multi-components under different production technologies. Our approach is based on the construction of various empirical production possibility sets. Then we propose a procedure that is unaffected...
Persistent link: https://www.econbiz.de/10014148773
‘firm’, and concludes that returns to scale constitutes only one component of economies of scale. The estimation models of …
Persistent link: https://www.econbiz.de/10014039796
Exploring and explaining development gaps between countries is an important theoretical and empirical task. This paper presents empirical studies related to economic growth and its determinants across countries, based on the use of data envelopment analysis method. It emphasizes the importance...
Persistent link: https://www.econbiz.de/10011841918
Recently, Mastromarco, Serlenga and Shin (2010) propose a two-step approach to examine dynamic transmission mechanism under which globalization factors foster technology efficiency. In this paper, we extend the MSS model by combining panel threshold regression technique advanced by Hansen...
Persistent link: https://www.econbiz.de/10013065766