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This paper addresses estimation and decomposition of productivity change, which is mostly identified as technical change under constant (unitary) returns to scale (CRS). If the CRS assumption is not made, productivity change is decomposed into technical change and scale effects.Furthermore, if...
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A basic assumption in the economic literature is the one of diminishing marginal returns to labour. However, theoretical studies on knowledge and labour specialization assume that an increase in the knowledge investment embodied in the human capital of workers raises the marginal product of...
Persistent link: https://www.econbiz.de/10012055285
This paper investigates cost and profit efficiency of German hospitals. More specifically, it deals with the question how hospital efficiency varies with ownership, patient structure,and other exogenous factors, which are neither inputs nor outputs of the production process. We conduct a...
Persistent link: https://www.econbiz.de/10010265793
Rice cultivation is intensively cultivated in some regions of Costa Rica thanks to the establishment of several irrigation projects. This is especially important for the case of several agricultural communities that cultivate their land around the Palo Verde National Park, where the development...
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