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. We illustrate our methodology by examining the cost efficiency of research programs in Economics and Business Management … cost efficiency differences between universities within specific specialization areas, even when using shadow prices to …
Persistent link: https://www.econbiz.de/10012779393
This paper shows that cross country differences in the generosity and the quality of the welfare state are associated with differences in the trustworthiness of their citizens. We show that generous, transparent and efficient welfare states in Scandinavian countries are based on the civicness of...
Persistent link: https://www.econbiz.de/10013131158
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the … examples. We find that the reliability of efficiency scores critically hinges upon the ratio of the variation in efficiency to …
Persistent link: https://www.econbiz.de/10013120128
This paper studies whether skilled migrants contribute to the host country's 'productive efficiency' (Farrell, 1957 … find that skilled migrants contribute positively to a country's productive efficiency with the exception of the finance …
Persistent link: https://www.econbiz.de/10013050617
equity in labor market opportunities upon efficiency in the production of GDP. It finds that aggregate technical efficiency … tracing its ancestry to ethnic groups who adopted the plough as an agricultural implement. That aggregate technical efficiency … a misallocation of employed women. Additionally, aggregate technical efficiency appears improved by democracy, the …
Persistent link: https://www.econbiz.de/10014357173
Using the 1997-1998 New South Wales public-hospitals comparison data, we investigate the hospital-level inefficiency by applying a stochastic-frontier multiproduct cost function. We use a flexible translog cost function to reduce the measurement errors of the outputs of the hospital. The main...
Persistent link: https://www.econbiz.de/10012777982
) and technical efficiency changes. We found that relative to the baseline rice output per decimal, access to credit … total effect into the frontier shift and efficiency improvement, we found that, on average, around 11 percent of the … improvements in technical efficiency. The efficiency gain was higher for modern hybrid rice varieties, and almost zero for …
Persistent link: https://www.econbiz.de/10012864861
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10013039087
with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then … standard functional form restrictions ensure that individual objective functions are optimized by an effort and insurance … combination that is unique and satisfies first- and second-order conditions. Modeling insurance incompleteness in terms of costly …
Persistent link: https://www.econbiz.de/10013071425
This high-stakes experiment investigates the effect on buyers of mandatory disclosures concerning an insurance policy … trusting plays an important role. Trust is clearly associated with greater willingness to pay for insurance. Unlike in previous … of breach is negligible. However, as for much B2C insurance marketing, face-to-face selling plays a crucial role in our …
Persistent link: https://www.econbiz.de/10013139875