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productivity (TFP) growth. Our method accounts for profits and adjustment costs, and uses firm surveys to proxy for changes in … crisis. In the United States, our method indicates higher TFP growth overall and a more gradual productivity slowdown. …
Persistent link: https://www.econbiz.de/10012794766
This paper identifies America's first Great Moderation, a period from 1841-1856 of unbroken economic expansion and low volatility comparable to the Great Moderation of the 1980s-2000s. This moderation occurred despite a lack of central banks, low governmental spending, and barriers to interstate...
Persistent link: https://www.econbiz.de/10009468758
The factors determining foreign bank efficiency are investigated using a three stage research method. It is found that host market incumbency reduces efficiency of foreign banks in Australia, resulting in over use of inputs. Factors underlying the limited global advantage hypothesis of Berger,...
Persistent link: https://www.econbiz.de/10009441579
revenue creation efficiency, but not for transformation of physical inputs into outputs. Banks from the UK and Japan were also …
Persistent link: https://www.econbiz.de/10009441745
The onus on landholders in relation to environmental performance is ever increasing. One toolfor achieving environmental improvements is the design and promotion of region-specific‘best management practices’ (BMPs). These are conservation practices aimed at reducingdiffuse source pollution...
Persistent link: https://www.econbiz.de/10009443305
Although the Bock–Aitkin likelihood-based estimation method for factor analysis of dichotomous item response data has important advantages over classical analysis of item tetrachoric correlations, a serious limitation of the method is its reliance on fixed-point Gauss-Hermite (G-H) quadrature...
Persistent link: https://www.econbiz.de/10009476619
Although the Bock–Aitkin likelihood-based estimation method for factor analysis of dichotomous item response data has important advantages over classical analysis of item tetrachoric correlations, a serious limitation of the method is its reliance on fixed-point Gauss-Hermite (G-H) quadrature...
Persistent link: https://www.econbiz.de/10009476754
Multiple outcomes are often used to properly characterize an effect of interest. This paper proposes a latent variable model for the situation where repeated measures over time are obtained on each outcome. These outcomes are assumed to measure an underlying quantity of main interest from...
Persistent link: https://www.econbiz.de/10009476960
Switching costs has been recognised as a primary reason why dissatisfied customers stay with their suppliers. While a validated multidimensional scale of switching costs exists in a business-to-consumer context, there has been little empirical research effort devoted to operationalising...
Persistent link: https://www.econbiz.de/10009457503
En este trabajo se estudia cómo 103 acuerdos comerciales regionales (ACR) bilaterales influyen en la evolución de los flujos comerciales bilaterales a lo largo del tiempo. El análisis de flujos comerciales trimestrales desde el segundo trimestre de 1982 hasta el cuarto trimestre de 2018...
Persistent link: https://www.econbiz.de/10013267750