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Results of assessments of total labor factor productivity TFP showed improvements where it recorded higher rate of 73 …
Persistent link: https://www.econbiz.de/10013110448
An economy's production set is the collection of all net output vectors that the economy is capable of producing with a given technology and fixed quantities of primary factors of production. The boundary of this set is called the production possibility frontier or PPF. We show that, if the...
Persistent link: https://www.econbiz.de/10009356693
Transition from socialist to market economy brought drastic changes to the Hungarian labour market. Employment fell by 1.6 million, i.e., by more than 25% during the early transition period, while unemployment jumped from practically nil to over 14% within four years. The rapid economic growth...
Persistent link: https://www.econbiz.de/10011522281
This paper elucidates the implications of transaction costs in agrarian labor hiring activities in a two-sector model of international trade and identifies a link between the size distribution of land and intersectoral allocation of productive inputs. Ceteris paribus, a more unequal distribution...
Persistent link: https://www.econbiz.de/10014094440
We derive a non-standard unit root serial correlation formulation for intertemporal adjustments in the labor force participation rate. This leads to a tractable three-error component model, which in contrast to other models embeds heterogeneity into the error structure. Unlike in the typical iid...
Persistent link: https://www.econbiz.de/10011607620
dental care, (ii) productivity, technical efficiency and economies of scale in dental care production, and finally (iii …
Persistent link: https://www.econbiz.de/10014024181
Persistent link: https://www.econbiz.de/10013554831
research aims to know what has been the behavior of productivity and efficiency of the manufacturing industry in the province … data enveloping analysis technique. With the annual information, the evolution of productivity and efficiency was predicted … until 2022. In the nine years, the results show that the productivity indicators and the number of companies that are …
Persistent link: https://www.econbiz.de/10014340294
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Persistent link: https://www.econbiz.de/10015189153