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services on a higher level of efficiency. To determine whether joint or separate production is more efficient we apply an … innovative Data Envelopment Analysis super-efficiency bootstrapping model which relates the efficiency for integrated production …
Persistent link: https://www.econbiz.de/10008514738
[EN] Stewart (1994) presents a model of endogenous entry. In his article Stewart proposes the following topic for future research: "An important feature of the model is that entry would be inefficient from the producers' point of view, and therefore never occurs in equilibrium. But in practice...
Persistent link: https://www.econbiz.de/10005187598
We examine vertical backward integration in oligopoly. Analysing a standard linear Cournot model, we find that for wide parameter ranges (i) some firms integrate, while others remain separated, and (ii) efficient firms are more likely to integrate vertically. Adopting a reduced-form approach, we...
Persistent link: https://www.econbiz.de/10005504590
simultaneously the effects on the structure and the average efficiency of the industry and to develop a framework for understanding …
Persistent link: https://www.econbiz.de/10005621594
This article reviews the conglomerate literature, with a focus on recent papers that have cast strong doubt on the hypothesis that conglomerate firms destroy value on average when compared to similar stand-alone firms. Recent work has shown that investment decisions by conglomerate firms are...
Persistent link: https://www.econbiz.de/10010709609
and its three criteria (efficiency, adaptability and sustainability), and identifying indicators for assessing the … individual aspects and the overall competitiveness of farms. Next, it analyzes evolution and efficiency of farming organizations …
Persistent link: https://www.econbiz.de/10008685159
[paper in French] This article aims at identifying and analyzing coordination and contracting schemes in food supply chains. We provide a literature review related to the contracts between farmers and processing firms. We examine how the development of contracts can be used as an alternative to...
Persistent link: https://www.econbiz.de/10011098785
international trade. This paper attempts to examine the impact of such certifications on technical efficiency of firms belonging to … the manufacturing sector in India. In analysing the impact of ISO Certification on technical efficiency, this paper uses … data from the CMIE Prowess for the period 2007-2012. In the first step, the paper estimates technical efficiency for the …
Persistent link: https://www.econbiz.de/10011112358
production and, thus, produce railway services on a higher level of efficiency. To determine whether joint or separate production … is more efficient we apply a Data Envelopment Analysis super-efficiency bootstrapping model which relates the efficiency …
Persistent link: https://www.econbiz.de/10005232582
This paper provides an explanation of technical inefficiencies of financial exchanges in Europe as well as an empirical analysis of their existence and extent. A single-stage stochastic cost frontier approach is employed, which generates exchange inefficiency scores based on a unique unbalanced...
Persistent link: https://www.econbiz.de/10005660782