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The present work assess the effects of MAR and Jacob's type agglomeration economies on a sample of firms in the machineries and textiles industries in Greece for the periods 1989-91 and 1999-01. The analysis employs a stochastic production frontier function and allows agglomeration economies to...
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their spouses play a major role in the supply of labor to off-farm activities. When the marginal productivity of …
Persistent link: https://www.econbiz.de/10011545625
The paper analyses the causal effect of capital subsidies on firms' efficiency and productivity by exploiting the … evolves over time, enabling to decompose productivity changes into the change in technical efficiency (i.e., measuring the …
Persistent link: https://www.econbiz.de/10011481750
This paper develops a methodology to predict and to thus possibly mitigate the economic impacts of major catastrophes, such as earthquakes and tsunamis. The short-run impacts are assumed to be determined by the attempts of economic actors to return to the pre-catastrophe economic situation as...
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This paper introduces the Geographic Macro and Regional (GMR) model for NUTS-2 regions of the Euro zone. This model consists of three blocks: the TFP, the SCGE and the MACRO blocks. The model is built for impact analysis of policies targeting intangible assets in the forms of R&D, human capital...
Persistent link: https://www.econbiz.de/10011530582