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The theoretical as well as empirical literature on companies' internationalization has mainly focused on firm-level and country-level factors in order to explain firms' cross-border activities. With the exception of a limited number of studies, especially those emphasizing rivalistic behavior in...
Persistent link: https://www.econbiz.de/10014064663
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If more productive firms grow relatively fast, an industry performs better, even when no firm exhibits technical or efficiency change. In other words, the two well-known sources of productivity growth - technology and efficiency - can be augmented by a third one, namely the industrial...
Persistent link: https://www.econbiz.de/10014056829
This paper investigates the relationship between technical efficiency and industrial concentration in the Indonesian food and beverages sector. Firm-level data obtained from the Indonesian Bureau of Central Statistics (BPS) are used to estimate technical efficiency scores and calculate measures...
Persistent link: https://www.econbiz.de/10010664179
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/10010298775
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technical change. We use the EU Industrial R&D Investment Scoreboard and perform a quantile estimation of an augmented Cobb …
Persistent link: https://www.econbiz.de/10011983024
rigorous inference on the estimation of regional production functions. The technological levels of the northern regions result …
Persistent link: https://www.econbiz.de/10014139411
I provide evidence that fund managers who overweight firms with the most differentiated products ('monopolies') exhibit a superior risk-adjusted performance. This is consistent with information advantages due to a better understanding of qualitative information on a firm's competitive...
Persistent link: https://www.econbiz.de/10011539240
This paper, which is one of the first to estimate productivity in retail electricity for a European country after liberalisation, analyses the effect of ownership and governance structure by using a unique dataset of German electricity retailers from 2003 to 2012. An innovative service...
Persistent link: https://www.econbiz.de/10011392296