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We apply a stochastic frontier production model to data from 53 countries during 1991–2003 to estimate total factor productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that world productivity growth was led by...
Persistent link: https://www.econbiz.de/10009245409
In this paper the Stochastic Frontier approach was used for the estimation and decomposition of manufacturing TFP … 1970–2005, the TFP rate of change in the EU manufacturing sector constantly decreased, mainly due to the reduction in …
Persistent link: https://www.econbiz.de/10008694047
This paper explore the role of institutions to enhance the productivity growth across countries using a two stage Double Bootstrap Data Envelopment Analysis (DEA). The productivity growth is calculated on the basis of Malmquist productivity index. It also explores the sources of productivity...
Persistent link: https://www.econbiz.de/10014109998
Purpose: The consolidation of the banking market in Croatia is characterized by a decreasing number of banks, especially small banks. The inability to remain in the market is often the result of the inability to maintain sustainable efficiency over time. Therefore, the main aim of the study was...
Persistent link: https://www.econbiz.de/10013489516
This paper presents an exploratory study to assess the efficiency level of construction companies worldwide, exploring in particular the effect of location and activity in the efficiency levels. This paper also provides insights concerning the convergence in efficiency across regions. The...
Persistent link: https://www.econbiz.de/10013030830
In this paper the Stochastic Frontier approach was used for the estimation and decomposition of manufacturing TFP … 1970-2005, the TFP rate of change in the EU manufacturing sector constantly decreased, mainly due to the reduction in …
Persistent link: https://www.econbiz.de/10005004938
This paper examines technical efficiency and its determinants in Chinese manufacturing industries using survey data at …. In particular, the empirical analysis focuses on regional comparisons of manufacturing performance and the determinants …
Persistent link: https://www.econbiz.de/10005730840
While the distinction between manufacturing and services becomes increasingly blurred to some observers, we find, using … stimulating R&D. This is particularly clear for manufacturing and this importance of foreign sales has increased over time … over time, it is thus mainly manufacturing that has benefited from increased possibilities for absorptive capacity. This …
Persistent link: https://www.econbiz.de/10010722781
The objective of this research is to identify the effect which infrastructures have on Total Factor Productivity, TFP, and on its components: technical change and efficiency change, of the Mexican states. The methodologies employed are Data Envelopment Analysis to obtain TFP and their...
Persistent link: https://www.econbiz.de/10009292053
Persistent link: https://www.econbiz.de/10013539211