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Efficiency measurement naturally requires the definition of a frontier as a benchmark indicating efficiency. Usually a measure reflecting the distance of a data point to the frontier indicates the level of efficiency. One of the crucial characteristics to distinguish efficiency measurement tools...
Persistent link: https://www.econbiz.de/10010291711
In this position paper we deal with the conception of heterogeneity as both the force and the result of evolutionary change. We ask, how this heterogeneity can be measured empirically and how we can get a measure which allows to get a broad comparable empirical account especially on several...
Persistent link: https://www.econbiz.de/10010291714
One of the most recently observed stylised facts in the field of economic growth is the persistent bimodal shape of the world income distribution.. Of course, some theoretical explanations for this new stylised fact already have been provided by neoclassical growth theory within a maximising...
Persistent link: https://www.econbiz.de/10010291715
Asked for the most important driving forces of economic development, most economists do not hesitate to state, that it is technical progress which is the main source of quanti-ta-ti-ve and qualitative economic development generated in National Systems of Innovation (NSI). To classify and analyze...
Persistent link: https://www.econbiz.de/10010291720
In this paper we add new results to the emerging field of investigating productivity levels rather than productivity change, as initiated by Hall and Jones (1996, 1997). To obtain measures of relative productivity levels we depart from traditional growth accounting and calculate the Malmquist...
Persistent link: https://www.econbiz.de/10010291726
The objective of this paper is twofold. First we discuss, whether data envelopment analysis can be applied to households' consumption activities on the basis of Kelvin Lancaster's approach to consumer choice. Then, we apply data envelopment analysis to identify inefficiencies in a subsector of...
Persistent link: https://www.econbiz.de/10010291730
This paper reviews empirical and theoretical work concerning the relationship between innovative activities of firms and the dynamics of industries. Stylized facts on industry evolution and the analysis of industrial dynamics in general are a first building block. This discussion just reflects a...
Persistent link: https://www.econbiz.de/10010291737