Do firms have the right incentives to innovate in the presence of productivity spillovers? This paper proposes an …-term wage contracts with their workers, productivity spillovers are fully internalized. If firms cannot commit to long-term wage …

States in terms of unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies … productivity grows less due to larger mismatch. The model can be used to address a number of normative issues. …

Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …

distinguish between productivity gains arising from lower tariffs on final goods relative to those on intermediate inputs. Lower … output tariffs can produce productivity gains by inducing tougher import competition whereas cheaper imported inputs can …This paper estimates the effects of trade liberalization on plant productivity. In contrast to previous studies, we …

efficiency improvements through consolidation. Focusing on a hypothetical restructuring of the industry, we apply Data … Envelopment Analysis (DEA) to analyze the potential efficiency gains from mergers between water utilities at the county level. A … conditional efficiency framework is used to account for the operating environment. Highest efficiency improvement potentials turn …

the most efficient innovation processes. We combine a traditional nonparametric frontier approach with super-efficiency … and tests for return to scale properties using bootstrap procedures to derive consistent and robust efficiency estimates … Denmark have the highest R&D efficiency on average in total manufacturing. However, sector-specific efficiency scores reveal …

This paper assesses the relative efficiency of knowledge production in the OECD using a nonparametric DEA approach. In … constraints. The efficiency scores presented are based on an intertemporal frontier estimation for the period 1995 to 2004. We …&D efficiency by attenuating the incentives to innovate and to allocate resources efficiently. …

This paper calculates returns to scale and productivity growth in UK manufacturing establishments in the electronics … productivity growth. We use a matching and difference-in-differences methodology which allows us to construct a reasonable … counterfactual and to determine the post-acquisition changes in RTS and productivity that can be attributed to the incidence of …

The first aim of this paper is to decompose the productivity advantage of foreign multinationals into two components … two components of productivity growth. We do so by analyzing the effects of an acquisition of a domestic establishment by … emerge: (i) any positive impact of ownership change is predominantly due to change in technical efficiency, not scale effects …

reform and free trade and by thus enhancing macroeconomic efficiency at full employment. Second, the static output gain from …