Expanding concentration in many industries has generated concern about the determinants of these market structure patterns. Understanding such trends requires information on technological characteristics underlying cost efficiency. However, market structure and power analyses are typically based...

Estimation of scale economies underlying growth and productivity patterns is typically based on aggregated data, raising questions about the potential for aggregation biases. This paper provides empirical evidence on the existence and patterns of such biases. We use a cost-based model to...

In this study, we consider the impacts of dramatic regulatory reform during the 1980s on the efficiency of farms in New Zealand, using unbalanced panel data. A translog distance function representing the multiple output and input technology and incorporating nonneutral regulatory impacts is used...

Firm Performance and Foreign Direct Investment: Evidence from Transition Economies Mahmut Yasar, University of Texas at Arlington, and Catherine J. Morrison Paul, University of California, Davis* Abstract We evaluate the performance of foreign-owned versus domestic firms, and the spillover...

We overview the roles of production structure models in measuring fisheries' productive performance to provide policy-relevant guidance for fishery managers and analysts. In particular, we summarize the literature on the representation and estimation of production structure models to construct...

Summary This paper empirically examines the link between firms' performance and institutional quality using data for firms in 52 countries. We control for potential endogeneity by instruments alternatively based on legal origin and "related-firm" institutions, and by a "bribery" variable. We...

What are the forces behind the increasing globalization of economic life? How does globalization affect the functioning of national economies? What difficulties confront government policymakers in dealing with the global economy? These issues are addressed in this volume by leading specialists....

Cost-impacts of spatial and industrial spillovers on economicperformance are evaluated by incorporating activity level measures for nearby states and related industries into a cost function model. We focus on localization and urbanization economies for state level food processing industries,...