Using a large panel data set we investigate whether works councils act as a sand or grease in the operation of German firms. Stochastic production frontier analysis indicates that establishments with and without a works council do not exhibit significant differences in efficiency

Mikroökonomisch fundierte Einführung: Sie zeigt, wie man auch ohne Vorkenntnisse der Produktionsfunktion zu Aussagen über die produktive Effizienz kommen kann. Die Autoren stellen den Ansatz der nichtparametrischen Frontierfunktionsanalyse vor und erweitern ihn über verschiedene Schritte....

Decompositions of Productivity Growth into Sectoral Effects: Some Puzzles Explained.- The Dynamics of Productivity Change: A Review of the Bottom-Up Approach.- A General Error Revenue Function Model with Technical Inefficiency: An Application to Norwegian Fishing Trawler.- Production Response in...

Providing a systematic and comprehensive treatment of recent developments in efficiency analysis, this book makes available an intuitive yet rigorous presentation of advanced nonparametric and robust methods, with applications for the analysis of economies of scale and scope, trade-offs in...

Using a large panel data set it is investigated whether works councils act as a sand or grease in the operation of German firms. Stochastic production frontier analysis indicates that establishments with and without a works council do not exhibit significant differences in efficiency