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free transportation in the agricultural sector. We explicitly incorporate arbitrary transport costs in both the … manufacturing and agricultural sectors into the Helpman-Krugman-Davis model of two countries and one production factor. The … agricultural markets. Our results are suggestive for the understanding of various international trade agreements …
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, but there are also intra-sectoral changes. Third, one common factor that influences the development of agricultural …
Persistent link: https://www.econbiz.de/10012893505
According to Gibrat' Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the beginning of the period examined. In contrast to the previous literature on the subject, this paper seeks to test the Law by taking account of both the entry process and the role...
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Based on Cuesta (2000), this paper develops a stochastic frontier production model that allows for different groups of firms to have different patterns of technical efficiency over time. The authors apply the model to the Malaysian manufacturing sector to decompose total factor productivity...
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