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In literature there is no single answer to the question, whether the growth of imports in industry leads to decrease or to increase the technical efficiency: possible effect of different mechanisms. In this paper we estimate the stochastic production frontier using firm-level data for food...
Persistent link: https://www.econbiz.de/10011186460
In this paper, for the first time, we apply the Färe-Primont productivity index (FPI) to examine the agricultural total factor productivity (TFP), during the period 2004-2016, in four regions of Greece: Macedonia and Thrace (region I), Epirus, Peloponnesus and the Ionian Islands (region II),...
Persistent link: https://www.econbiz.de/10012178012
The German reserve power market was subject to important regulatory changes in recent years. A new market design was created by synchronization and interconnection of the four control areas. In this paper, we analyze whether or not the reforms led to lower prices for minute reserve power (MRP)....
Persistent link: https://www.econbiz.de/10010310874
MRP prices leading to substantial cost savings for the transmission system operators. -- Competition ; Frequency Control … ; Minute Reserve Power ; Regulation ; Productive Efficiency ; Welfare …
Persistent link: https://www.econbiz.de/10009667279
The German reserve power market was subject to important regulatory changes in recent years. A new market design was created by synchronization and interconnection of the four control areas. In this paper, we analyze whether or not the reforms led to lower prices for minute reserve power (MRP)....
Persistent link: https://www.econbiz.de/10010956767
-of-return regulation (ROA, NP:s and/or BIS ratio) on banking industry structure. A simple theoretical model of banking competition suggests …This paper analyses the impact of the transition from price-cap regulation (deposit/loan rate control) to rate …. Imposing more stringent rate-of-return regulation, whilst relaxing price-cap regulation, reduces the equilibrium number of …
Persistent link: https://www.econbiz.de/10004968070
The effect of market competition on firm innovation remains controversial, especially in the context of developing … countries. This paper presents new empirical evidence about the causal impact of competition on firm innovation for Chilean and … Colombian manufacturing firms. Using instrumental-variable estimation, our results show that market competition increases firm …
Persistent link: https://www.econbiz.de/10014496286
In this paper, for the first time, we apply the Färe-Primont productivity index (FPI) to examine the agricultural total factor productivity (TFP), during the period 2004-2016, in four regions of Greece: Macedonia and Thrace (region I), Epirus, Peloponnesus and the Ionian Islands (region II),...
Persistent link: https://www.econbiz.de/10014477265
This paper provides empirical evidence of changes in the productivities of manufacturing firms in Indonesia over time, in the form of total factor productivity (TFP), from 1990 to 2010 with and without considering carbon dioxide (CO2) emissions. Employing cleaned and balanced panel datasets for...
Persistent link: https://www.econbiz.de/10011287482
Purpose The purpose of this paper is to analyse if the divergences in the economic growth of the Spanish regions are a result of sectoral differences, company size or technological level of the new firms that emerge in the market. Design/methodology/approach For this purpose, a model is...
Persistent link: https://www.econbiz.de/10012108049