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Persistent link: https://www.econbiz.de/10010575033
In this work we review some recent papers concerned with large dynamic factor model (LDFM) and its applications to structural macroeconomic analysis. Using this theory, we present a new empirical application on the effects of technology and non technology shocks on hours worked.
Persistent link: https://www.econbiz.de/10010575291
. To a first order, welfare is summarized by total factor productivity and by the capital stock per capita. These variables … total factor productivity is constructed using domestic absorption, instead of gross domestic product, as the measure of … output. It also requires that total factor productivity be constructed with prices and quantities as perceived by consumers …
Persistent link: https://www.econbiz.de/10010575544
The aim of this analysis is the assessment of productivity changes of banks performing in Poland in the years 1996 … of productivity was assessed by the means of non--parametrical DEA method. In particular, we assessed how the level of … productivity in banks being examined has changed depending on the profile of their activity. To assess the changes of bank …
Persistent link: https://www.econbiz.de/10010576074
This paper explores the determinants of productivity in the countries of Eastern Europe (EE) through the perspective of … systems in EE could be considered ‘(in)efficient’. Our results suggest that the EE countries have lower levels of productivity … an important distinction between technology and production capability as the drivers of productivity improvements and …
Persistent link: https://www.econbiz.de/10010576209
Naturalization and universal application of concepts such as ‘efficiency’ and ‘productivity’ by policy makers and water … water productivity and efficiency is fiercely promoted: technical water use efficiency (the engineer's realm), allocation …
Persistent link: https://www.econbiz.de/10010576895
As schools and districts seek to recruit teachers, individuals in non-teaching professions are an appealing possible pool. These potential teachers come with work experience and may have expertise that would serve them well in the classroom. While there has been substantial rhetoric assailing...
Persistent link: https://www.econbiz.de/10010577154
This paper studies the process of plant exit and productivity growth in Japan during the ‘lost decade’. A productivity … decomposition shows the low rate of productivity growth at the aggregate level to be due to slow within plant productivity growth … other country contexts except we find no effect from import competition. Our results suggest that the low productivity …
Persistent link: https://www.econbiz.de/10010577230
In a Data Envelopment Analysis model, some of the weights used to compute the efficiency of a unit can have zero or negligible value despite of the importance of the corresponding input or output. This paper offers an approach to preventing inputs and outputs from being ignored in the DEA...
Persistent link: https://www.econbiz.de/10010577557
Heterogeneity in size and productivity is central to models that explain which manufacturing firms export. This study …, the relationship between internationalization and productivity also yields two inconsistencies with recent trade models …. First, virtually all banks hold at least some foreign assets, irrespective of size or productivity. Second, some fairly …
Persistent link: https://www.econbiz.de/10010577700