This study examines the relationship between values, efficacy, trust and innovative organizational behaviour in Russia. We analyse the direct and indirect effect of gender, age and education on innovative behaviour via values, trust and efficacy. For the measurement of values we employed a new...

In this paper we consider a fixed-effects stochastic frontier model. That is, we have panel data, fixed individual (firm) effects, and the usual stochastic frontier analysis (SFA) composed error.

This paper analyzes the Croatian legislation on Value Added Tax (VAT) during the period 1995-2008. First, we describe the most important VAT reforms. We show that the preferential tax treatment of particular products and industries fails to reach the tax legislator's economic and socio-political...

We consider questions of efficiency and redundancy in the GMM estimation problem in which we have two sets of moment conditions, where two sets of parameters enter into one set of moment conditions, while only one set of parameters enters into the other. We then apply these results to a...

This paper considers a panel data model with time-varying individual effects. The data are assumed to contain a large number of cross-sectional units repeatedly observed over a fixed number of time periods. The model has a feature of the fixed-effects model in that the effects are assumed to be...

We study the construction of confidence intervals for efficiency levels of individual firms in stochastic frontier models with panel data. The focus is on bootstrapping and related methods. We start with a survey of various versions of the bootstrap. We also propose a simple parametric...