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In this paper, we establish three new facts about price-setting by multiproduct firms and contribute a model that can explain our findings. Our findings have important implications for real effects of nominal shocks and provide guidance for how to model pricing decisions of firms. On the...
Persistent link: https://www.econbiz.de/10008852835
A general framework for the study of outsourcing is introduced that incorporates dynamics and heterogeneity among both upstream and downstream producers to mimic an exit approach (Hirschman, 1970) to building vertical relations. The environment is one of search friction and incomplete contracts,...
Persistent link: https://www.econbiz.de/10008853070
The efficiency and sustainability in a competitive economy are provided also by the extent to which the company has a material potential whose technical and operational parameters meet the new requirements of market economy. The management of creating value at the enterprise level requires...
Persistent link: https://www.econbiz.de/10008853243
This study examined changes in agricultural productivity at Benin in the context of diverse institutional arrangements … information was for a 43-year period (1961-2003); DEA method was used to measure Malquist index of total factor productivity to … TFP measures revealed whether the performance of factors productivity is due to technological change or technical …
Persistent link: https://www.econbiz.de/10008853458
climate variability and volatile commodity prices over the last decade or so. Relationships between productivity and …. Components of farm productivity and profitability are measured over the period 1998 to 2008. Economies of scale and scope are … shown often to be positive contributors to productivity and profitability. However, the main finding is that technical …
Persistent link: https://www.econbiz.de/10008853481
compared to that of the non certified ones. First we look at the productivity of the firms; second, we look at export behaviour …
Persistent link: https://www.econbiz.de/10008853611
The study shows that the exceptional drop in volume of Finlands GDP in 2009 as much as 8 per cent was to a large extent due to huge decline in exports and production of one industry, ICT. The contribution of ICT (or electronics and electro-technical industry) to GDP decline was close to two...
Persistent link: https://www.econbiz.de/10008854228
the role of conventional factors of production (fixed, or physical, and human forms of capital) and their productivity … easier to make use of physical capital). At the same time, they managed to increase their productivity frontier. In the FSU … decrease of physical capital. This means that, even though technical efficiency relatively increased, the general productivity …
Persistent link: https://www.econbiz.de/10011143999
This paper quantifies the effect of an increase in temperature and precipitation on the average output per worker in the Colombian manufacturing industry. In order to approach this issue rigorously, a methodology is developed with a theoretical model and an empirical estimation. The estimation...
Persistent link: https://www.econbiz.de/10011144088
Russian economy has encountered the whole range of challenges that weigh on its growth in the long-run: the loss of global competitiveness, unfavorable investment climate, shrinking labor force, limited capacity of fuel export growth, underinvestment in human capital, not growing oil prices,...
Persistent link: https://www.econbiz.de/10011144166