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gives the opportunity to analyse the industry sector's productivity by minimizing the problem of endogeneity and therefore …
Persistent link: https://www.econbiz.de/10014420394
considered as a measure of this objective and, in turn, as a measure of productivity in relation to the production process in …
Persistent link: https://www.econbiz.de/10012437397
efficiency, labor productivity, and growth. We also include imports into the knowledge production function, because catching up … economies may adopt technologies embodied in imported hardware. Additionally, we link productivity and innovation output to … process innovation in all performance features except for labor productivity. However, higher efficiency does not improve the …
Persistent link: https://www.econbiz.de/10011975406
. Moreover, and applying duality theory, we develop an economic model to assess the effect of postal infrastructures on the …
Persistent link: https://www.econbiz.de/10012991545
Total Factor Productivity (TFP) accounts for a sizeable proportion of the income and growth differences across …
Persistent link: https://www.econbiz.de/10014183890
We propose a multivariate Bayesian state space model to identify potential growth and the output gap consistent with the dynamics of the underlying production sectors of the economy and those of inflation and the labor market. Our approach allows us to decompose economic fluctuations and...
Persistent link: https://www.econbiz.de/10014427292
productivity growth with indicators of capitalization, return and risk. Our novel Multiple Indicator-Multiple Cause (MIMIC) style … productivity growth. We find considerable variation in the performance of EU-15 banks over the period 2008 to 2015. For the vast … majority of banks, productivity growth – the sum of efficiency and technical changes – is negative, implying that the industry …
Persistent link: https://www.econbiz.de/10014048864
In this paper we study environmental efficiency within a pollution generating technology. Pollutants, or bads, are explicitly modeled by imposing technology properties of disposability and null-jointness. With data on firms from Swedish manufacturing, we investigate the potential to reduce...
Persistent link: https://www.econbiz.de/10014165236
shortcoming in two ways. First, to introduce copula models and aspects of copula theory that are especially relevant for a …
Persistent link: https://www.econbiz.de/10014174824
We provide new insights into determinants of international interest rates spillovers across seven advanced economies. To disentangle and quantify their respective importance, we identify country-specific structural monetary policy, demand, and supply equations in a Bayesian structural panel...
Persistent link: https://www.econbiz.de/10014025780