Hanousek, Jan; Kočenda, Evžen; Shamshur, Anastasiya - In: Politická ekonomie 2014 (2014) 3, pp. 303-322
This paper analyzes the technological efficiency of companies in the European Union (EU). Our extensive database covers …–2007. Methodologically we apply a model of a stochastic production productivity frontier. We show that: the economic signifikance of company … age is negligible, the higher the debt the greater the efficiency, bigger companies are less efficient, and a medium …