This paper examines changes in the labor productivity, efficiency, technology, and physical and human capital experienced by different regions in Italy between 1980 and 2006. Cobb-Douglas and translog production specifications are not supported by the data. Thus, non-parametric methods are used...

This paper provides a comprehensive productivity analysis of 53 Australian water service providers during the period 2006-2012. Pressures for sector reform have stimulated interest in identifying and understanding the factors that can contribute to improve the performance of Australian water...

Over the past twenty years, important changes in the Italian health system have led to different approaches in organizing, delivering and financing health services throughout the regions of the country. This study aims to examine the impact these factors have had on efficiency. The methodology...

This paper estimates the total factor productivity of the Italian health care sector using a modified bootstrapped Malmquist Index including the quality of the production process provided to the population. Decomposing the productivity process in three different components (efficiency change,...

In this paper we illustrate how the real options technique can be a useful method for creating value in an uncertain economic world by providing management with a cognitive model that makes it possible to shape and manage uncertain competitive environments and corporate risks.