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Allocation of resources to schools in a centrally managed state system, as the Tunisian one, should depend on the performance of the individual institutions. The optimal size is of crucial importance in this context and we need accurate measurement for sound policies. This article discusses and...
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Technological change is one of the most important determinants of the technological structure of the firm. Unfortunately, this crucial factor is often unobserved and must therefore be approximated. It is also well recognized that firms are not necessarily located on their efficient production...
Persistent link: https://www.econbiz.de/10010865923
This paper examines a generalization of cost-production duality for regulated firms. It derives an equivalency between the production function and conditional factor demands for the case where the firm's optimization problem is subject to a set of additional (regulatory) constraints. This...
Persistent link: https://www.econbiz.de/10010866009
Inthis paper we develop a new method, based on generalized inverse,to recover the first derivatives of the production function.This allows us to retrieve returns to scale, technological progressand, in a dynamic setting, a measure of the adjustment cost.The method is general and systematic and...
Persistent link: https://www.econbiz.de/10010866098
We investigate the causes of increasing concentration in the Canadian air carriers industry over the last four decades, and assess possible links with deregulation and investment decisions. We measure the technology of firms in a dynamic framework that includes regulation. The model is tested...
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