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Inefficiency
Chambers, Christopher P.; Miller, Alan D. - Department of Economics, University of Haifa
We introduce an ordinal model of efficiency measurement. Our primitive is a notion of efficiency that is comparative …, but not cardinal or absolute. In this framework, we postulate axioms that we believe an ordinal efficiency measure should … satisfy. Primary among these are choice consistency and planning consistency, which guide the measurement of efficiency in a …
Persistent link: https://www.econbiz.de/10009371405
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A General Model of Technical Change with an Application to the OECD Countries
Heshmati, Almas; Kumbhakar, Subal C. - Institute for the Study of Labor (IZA) - 2011
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10009323543
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Distribution Trade Sector Output and Productivity Performance: A Case Study of Singapore and Hong Kong 2001-2008
Lee, Boon - School of Economics and Finance, Business School - 2011
This paper employs the industry of origin approach to compare value added and productivity of Singapore and Hong Kong's Distribution Trade Sector for the period 2001-2008. The direct comparison between these two economies was motivated by the statements of the Singapore government: Its services...
Persistent link: https://www.econbiz.de/10009325826
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Who leads Research Productivity Change? Guidelines for R&D policy makers
Jiménez-Sáez, Fernando; Zabala, Jon Mikel; Zofío, … - Centre for Innovation, Research and Competence in the … - 2010
Relying on efficiency analysis we evaluate to what extent policy makers have been able to promote the establishment of … correspond with an infant innovation system, where the fostering of higher levels of efficiency and promotion of the desired …
Persistent link: https://www.econbiz.de/10008752869
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Who leads research productivity change? Guidelines for R&D policy-makers
Jiménez, Fernando; Iturriagagoitia, Zabala; Mikel, Jon; … - Departamento de Análisis Económico: Teoría … - 2010
We rely on efficiency and productivity analysis based on Malmquist indices to evaluate to what extent policy … exhibiting high efficiency and productivity levels. Identifying these groups as benchmark, we conclude that the financial grants …
Persistent link: https://www.econbiz.de/10008763284
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Decomposing Bjurek Productivity Indexes into Explanatory Factors
Diewert, W. Erwin; Fox, Kevin J. - School of Economics, UNSW Business School - 2014
explanatory factors, with a focus on extracting technical progress, technical efficiency change, and returns to scale components …
Persistent link: https://www.econbiz.de/10010791593
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A multi-fuel, multi-sector and multi-region approach to index decomposition: An application to China's energy consumption 1995–2010
Ma, Chunbo - In: Energy Economics 42 (2014) C, pp. 9-16
Index Decomposition Analysis (IDA) has been extensively applied in studies of energy consumption and energy-related emissions. Most have focused on the impacts of industrial structural change and technology progress and a few have also looked at inter-fuel substitution. There has been no study...
Persistent link: https://www.econbiz.de/10010868727
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Allocation of Research Resources and Publication Productivity in Japan: A Growth Accounting Approach
Aoki, Shuhei; Kimura, Megumi - Institute of Innovation Research, Hitotsubashi University - 2014
In Japan, as in many developed countries, the government's agencies for science have implemented several reforms to the scientic research system, which has concentrated research resources in the top research universities. However, the growth of research papers has stagnated in Japan during the...
Persistent link: https://www.econbiz.de/10010841195
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Generation and Distribution of Total Factor Productivity Gains in US Industries
Boussemart, Jean-Philippe; Leleu, Hervé; Mensah, Edward - IÉSEG School of Management, Université Catholique de Lille - 2014
This study estimates productivity gains and their distribution among inputs and outputs for American industries over the period 1987-2011 using the traditional surplus accounting method. Total Factor Productivity (TFP) change is traditionally defined as the growth rate of output minus the growth...
Persistent link: https://www.econbiz.de/10010854429
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Generation and distribution of productivity gains in French agriculture. Who are the winners and the losers over the last fifty years?
Boussemart, Jean-Philippe; Butault, Jean-Pierre; Ojo, … - IÉSEG School of Management, Université Catholique de Lille - 2012
This paper offers an approach based on the economic theory of index numbers that revisits the classical surplus accounting technique. We measure the productivity gains and the combined effects of output and input price variation on French farmers’ income between 1959 and 2011, for the whole...
Persistent link: https://www.econbiz.de/10010854435