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This study intends to understand how disaster is related to countries' production efficiency using a sample of 137 countries over 1980 - 2011. We analyze the effect of the number of man-made and natural disaster occurrences on countries' technological change (swift of the frontier) and...
Persistent link: https://www.econbiz.de/10011386771
The problem of competitiveness has becoming one of the main concerns of European governments. This is reflected trough out the Europe 2020 Strategy that includes as key priority the promotion of efficient and productive use of inputs. Differently to other "well-behaved" European "neighbours", in...
Persistent link: https://www.econbiz.de/10011577840
endogeneity and attrition/non-response bias, using two instrumental variables. Making use of a discrete instrument for the …
Persistent link: https://www.econbiz.de/10011348296
endogeneity and missing outcomes. We use instrumental variables, pre-treatment characteristics, and short-term (or intermediate …
Persistent link: https://www.econbiz.de/10010249397
This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10010469057
Firms may evade taxes on profits and can also avoid fulfilling legal restrictions on production activities by bribing … bureaucrats. It is shown that the existence of tax evasion does not affect corruption activities at the firm level, while the … budgetary repercussions of tax evasion induce less corruption. Policy measures which alter the gains or losses from corruption …
Persistent link: https://www.econbiz.de/10010261417
In this paper we present a new empirical model based on an input distance function, from which estimates of allocative inefficiency and its cost can be obtained. The model avoids the Greene problem, which refers to the difficulty in practice of using a cost system to separate economic...
Persistent link: https://www.econbiz.de/10014071632
manufacturing firms between 2005 and 2014. This allows for an unprecedented insight into the cost of the EU flagship climate policy … for manufacturing firms. We are able to describe the evolution of the abatement costs over time and across industries …, tracking the impact of changes in the policy design and its stringency on the behaviour of the firms in our panel. Our findings …
Persistent link: https://www.econbiz.de/10012385370
In this paper, a theoretical relationship is obtained to measure the effect that inefficiency has on marginal costs, degree of economies of scale and technical change. It is shown that when the relationship between inefficiency and output level is ignored, the estimation of marginal costs and...
Persistent link: https://www.econbiz.de/10012260171
A new spatial decomposition of TFP growth into direct (own) and indirect (spillover) components is set out. We then apply the decomposition in the context of a spatial autoregressive production frontier analysis of 40 European countries over the period 1995-2008
Persistent link: https://www.econbiz.de/10013086032