Showing 1 - 10 of 1,093
association started with a voluntary benchmarking aimed to increase the efficiency and effectiveness of the sector. Secondly … efficiency of these two evolutions. In particular, we adapt Free Disposal Hull (FDH) to estimate robust and conditional non …-oriented efficiency estimates. Parametric COLS (Fourier) tests show the robustness of the model with respect to the specification and its …
Persistent link: https://www.econbiz.de/10011373828
We study spillover effects within co-offending networks by leveraging deaths of co-offenders for causal identification …
Persistent link: https://www.econbiz.de/10014580742
measure inputs. Contrasting two alternative econometric strategies to identify technical efficiency yields relatively stable … results. Furthermore, the paper addresses the problem of unobserved heterogeneity by relating the obtained efficiency rankings …. The results suggest that technical efficiency rankings can be obtained in a relatively simple econometric setting. …
Persistent link: https://www.econbiz.de/10010277778
Almost Ideal Demand System. In addition, we suggest a more general way of measuring efficiency that can incorporate a concern …
Persistent link: https://www.econbiz.de/10011576770
This study examines the impact of bond markets on both bank profit and cost efficiency. By employing the stochastic … efficiency. The development of bond markets generally has a positive (negative) effect on bank profit (cost) efficiency. Given … profit and cost efficiency. Moreover, given the development level of a country’s corporate bond market, a greater share of …
Persistent link: https://www.econbiz.de/10012181894
16 departments. The study illustrates how the recent developments in efficiency analysis and statistical inference can be …
Persistent link: https://www.econbiz.de/10011524091
Persistent link: https://www.econbiz.de/10010473440
The study of firms' default has attracted wide interest among both practitioners and scholars. However, attention has often been limited to a relatively small set of financial variables. In this work, we try to increase the scope of analysis extending the investigation to other possible...
Persistent link: https://www.econbiz.de/10010328637
Institutional change has taken place gradually since 1978 for State-Owned Enterprises (SOEs) in the Industrial Sector of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital and operate on international markets) on the productivity...
Persistent link: https://www.econbiz.de/10010261956
This paper attempts to quantify the impact of fragmentation on employment. Factor demand functions for labour and intermediates and mark up price equations derived from a Generalized Leontief cost function at industry level are estimated. Import prices and output prices influence the price of...
Persistent link: https://www.econbiz.de/10011435073