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This paper examines the effects that purchased services and imported intermediate materials have on the labour demand for different skills in the manufacturing sector. We derive and estimate a factor demand system based on the generalised Box-Cox cost function nesting both the normalised...
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subsidies relative to total costs. However, we also find that non-subsidized firms perform better in terms of cost efficiency …. -- Stochastic cost frontier ; subsidies ; heteroscedasticity ; local public bus transportation ; cost efficiency ; panel data …
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subsidies relative to total costs. However, we also find that non-subsidized firms perform better in terms of cost efficiency …
Persistent link: https://www.econbiz.de/10014044649
a sample of 1021 municipalities in the state of Baden-Württemberg). First, we consider local government cost efficiency …. This indicates that there is a substantial divergence in efficiency despite a homogeneous institutional setting, leaving at …
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