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Branchenunterschiede der technischen Effizienz. Dabei wird die technische Effizienz als ein unternehmensspezifischer fixer Effekt … spezifiziert. Ein wesentliches Ergebnis besteht in dem Befund, dass die Verteilung der technischen Effizienz über die Branchen eine … jeweils am unteren Ende abgeschnitten ist, da die Unternehmen mit relativ geringer Effizienz aus dem Markt ausscheiden müssen …
Persistent link: https://www.econbiz.de/10010513679
Using micro-level panel data of about 35,000 firms from the German Cost Structure Census, we analyze the differences of technical efficiency across industries. Technical efficiency is estimated by firms' fixed effects. One striking result is that the distribution of technical efficiency across...
Persistent link: https://www.econbiz.de/10002416955
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This paper investigates the factors that explain the level and dynamics of manufacturing firm productive efficiency. In our empirical analysis, we use a unique sample of about 39,000 firms in 256 industries from the German Cost Structure Census over the years 1992-2005. We estimate the...
Persistent link: https://www.econbiz.de/10003725990
Persistent link: https://www.econbiz.de/10003393305
This paper investigates the factors that explain the level and dynamics of manufacturing firm productive efficiency. In our empirical analysis, we use a unique sample of about 39,000 firms in 256 industries from the German Cost Structure Census over the years 1992-2005. We estimate the...
Persistent link: https://www.econbiz.de/10014218990
Persistent link: https://www.econbiz.de/10003635951
also discussed in relevant literature. The natural estimation method seems to be Maximum Likelihood (ML) estimation because … estimation approaches for both the half-normal and the exponential approach to inefficiency. Based on the simulation results we … obtain decision rules for the choice of the superior estimation approach. Both estimation methods, ML and MOM, are applied to …
Persistent link: https://www.econbiz.de/10003794513
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Persistent link: https://www.econbiz.de/10002397044