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This paper constructs an innovative ratio of meta-technology cost (MTCR) by combining the meta-frontier framework and shadow price model. This ratio is not only an indicator to account for country-specific technology heterogeneity or technology heterogeneity across a group of countries to...
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This study analyzes the total factor productivity of 1,067 Japanese manufacturing firms. In production estimation, we employ the directional distance function and Luenberger productivity indicator. Research and development strategy survey data are used to analyze the determinant factors related...
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Innovations are fast changing the agricultural landscape driven by the increasing need to shift towards sustainable practices without sacrificing the productivity and profitability of farming. Innovations in technology, institutions, processes, and products have contributed to the growth of...
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