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This paper has presented a nonparametric approach to estimate the deterministic frontier model with unknown function form. Single index modeling and partially linear modeling techniques have been modified for estimation of a semi-parametric deterministic frontier model. Those approaches are free...
Persistent link: https://www.econbiz.de/10014062892
The regression residual is commonly used as a productivity indicator. However, the observed input demands are endogenous if rational managers adjust their input use for inefficiency. A large stream of studies considers possible solutions to the endogeneity problem that require as little external...
Persistent link: https://www.econbiz.de/10014036140
This paper is concerned with significance testing of the effects of exogenous determinants upon the one-sided deviation term of a semiparametric stochastic frontier model. Two nonparametric significance tests for all or a subset of the determinants of inefficiency are proposed. The proposed...
Persistent link: https://www.econbiz.de/10014351137
Persistent link: https://www.econbiz.de/10010390396
The performance of a firm is influenced by decisions made by the firm itself as well as factors external to it. Firm competencies are important but also competencies that pertain to territories. External factors encompass different aspects of the environmental context in which firms operate,...
Persistent link: https://www.econbiz.de/10011866316
Productivity in Russia has fallen steadily over the past 15 years. This paper explores micro-level data to understand the contribution of individual firms to aggregate productivity. Overall, firm-level data corroborate the decline in aggregate productivity and a widening productivity gap against...
Persistent link: https://www.econbiz.de/10012203207
In this work we investigate two crucial dimensions of firms' structure and dynamics, that is profitability and productivity performance. The empirical distributions and the associated persistence over time are explored through a set of parametric and non parametric exercises performed on an...
Persistent link: https://www.econbiz.de/10010328632
In this work we investigate two crucial dimensions of firms’ structure and dynamics, that is profitability and productivity performance. The empirical distributions and the associated persistence over time are explored through a set of parametric and non parametric exercises performed on an...
Persistent link: https://www.econbiz.de/10003321397
If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10009709518
If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...
Persistent link: https://www.econbiz.de/10013086776