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Persistent link: https://www.econbiz.de/10012273085
We investigate how the intensity of competition among airports affects their technical efficiency by computing airports’ markets on the basis of a potential demand approach. We find that the intensity of competition has a negative impact on airports’ efficiency in Italy from 2005...
Persistent link: https://www.econbiz.de/10011162872
We study the presence and the magnitudes of trade-offs between health outcomes and hospitals' efficiency using a data set from Lombardy, Italy, for the period 2008–2011. Our goal is to analyze whether the pressures for cost containment may affect hospital performance in terms of population...
Persistent link: https://www.econbiz.de/10011117446
We develop a dynamic duopoly, in which firms have to take into account a technological externality, which reduces their innovation costs over time, and an inter-firm spillover, which lowers only the second comer’s R&D costs. This spillover exerts its effect after a disclosure lag. We identify...
Persistent link: https://www.econbiz.de/10010786912
Persistent link: https://www.econbiz.de/10010876407
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This paper considers the estimation of Kumbhakar et al. (J Prod Anal. doi:<ExternalRef> <RefSource>10.1007/s11123-012-0303-1</RefSource> <RefTarget Address="10.1007/s11123-012-0303-1" TargetType="DOI"/> </ExternalRef>, <CitationRef CitationID="CR30">2012</CitationRef>) (KLH) four random components stochastic frontier (SF) model using MLE techniques. We derive the log-likelihood function of the model using results from the closed-skew normal...</citationref></refsource></externalref>
Persistent link: https://www.econbiz.de/10010988809
This paper investigates the process of GDP generation in former Soviet Union (FSU) economies to provide an understanding of the impact of technology channels on countries’ efficiency. We apply a stochastic frontier approach to 15 FSU economies over the period 1995–2008 and find that FDI and...
Persistent link: https://www.econbiz.de/10010752988
In this paper we analyze the effects of some distortions induced by the prospective payment system, i.e. upcoding, cream skimming and readmissions, on hospitals' technical efficiency. We estimate a production function using a population-based dataset composed by all active hospitals in an...
Persistent link: https://www.econbiz.de/10008494473
This paper investigates the vertical relations in the Italian retail gasoline industry to study their effects on the retail price. The retailer, in presence of a quantity-decreasing unit discount scheme on the gasoline purchased, has to decide whether to follow the retail price recommended by...
Persistent link: https://www.econbiz.de/10008533457