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combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed … components of the conventional Malmquist-Luenberger productivity index and the proposed index are different, the developments of …
Persistent link: https://www.econbiz.de/10004999166
productivity index, and we extend his analysis by exploiting new relationships between theoretical Konus and empirical Fisher price … implicit productivity index, the other has pure Fisher structure, and we note the advantages of each. … index to show that his expression for profitability change is the product of a price recovery index and an implicit …
Persistent link: https://www.econbiz.de/10011188083
how we should calculate a true cost-of-living index or Konüs price index: first estimate the consumer's expenditure … function (cost function) econometrically and then calculate the Konüs price index directly from that. Unfortunately this is … are many more parameters than observations. Index number theory has solved this problem, at least when demand is …
Persistent link: https://www.econbiz.de/10011071515
The paper presents the first ex-post analysis of profit and productivity of individual vessels following a vessel or … rights rather than input controls. Using an innovative index method that decomposes the contributions of output prices, input … prices, vessel size and productivity to relative profits, the economic performance of vessels is analyzed in the year of the …
Persistent link: https://www.econbiz.de/10005113723
characteristics of Italian provinces, at the NUTS 3-digit, with a focus on the productivity distributions of incumbent firms. We find … higher productivity premium where already more productive firms are. Our findings are consistent with recent theories … predicting an endogenous sorting of heterogeneous firms over space. In provinces where average productivity is lower, firm …
Persistent link: https://www.econbiz.de/10012943683
Although European Single Market (ESM) has been widely perceived as a model for regional integration, there continues to be considerable debate about the impact of this integration on the EU regions. Studies in this field have mainly investigated the convergence-divergence issue, while the effect...
Persistent link: https://www.econbiz.de/10012970714
In this paper a complete set of estimates of long-run production functions for 20 regions and 17 sectors in Italy is … previous studies by employing unique national elasticities introduce a serious bias in the productivity comparisons …
Persistent link: https://www.econbiz.de/10014139411
Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across … US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size …
Persistent link: https://www.econbiz.de/10012418448
practices of others. That some firms converge relatively slowly to the productivity frontier suggests the existence of factors … that cause them to underinvest in their productivity. In this paper we explore how far higher rates of corporate taxation … affect firm productivity convergence by reducing the after tax returns to productivity enhancing investments for small firms …
Persistent link: https://www.econbiz.de/10013082805
This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of …
Persistent link: https://www.econbiz.de/10012726102