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Analyzing Cost Efficient Production Behavior Under Economies of Scope : A Nonparametric Methodology

Cherchye, L. - 2006

In designing a production model for firms that generate multiple outputs, we take as a starting point that such multi-output production refers to economies of scope, which in turn originate from joint input use and input externalities. We provide a nonparametric characterization of cost...

Persistent link: https://www.econbiz.de/10012779393

Financial Constraints and Innovation : Why Poor Countries Don't Catch Up

Gorodnichenko, Yuriy - 2015

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

When, Where and How to Perform Efficiency Estimation

Badunenko, Oleg - 2011

In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the nonparametric kernel SFA estimator of Fan, Li and Weersink (1996) to the nonparametric bias corrected DEA estimator of Kneip, Simar and Wilson (2008). We assess the finite sample...

Persistent link: https://www.econbiz.de/10013120128

Skilled Immigrants' Contribution to Productive Efficiency

Nahm, Daehoon - 2014

This paper studies whether skilled migrants contribute to the host country's 'productive efficiency' (Farrell, 1957) using input-output and immigration sectoral data for seven industries in twelve countries during the period 1999-2001. We find that skilled migrants contribute positively to a...

Persistent link: https://www.econbiz.de/10013050617

Gender Equity in Labor Market Opportunities and Aggregate Technical Efficiency : A Case of Equity Promoting Efficiency

Hazarika, Gautam; Khraiche, Maroula; Kutlu, Levent - 2023

This study applies a panel data stochastic frontier analysis to country data towards examining the effect of gender equity in labor market opportunities upon efficiency in the production of GDP. It finds that aggregate technical efficiency is improved by a widening of women's labor market...

Persistent link: https://www.econbiz.de/10014357173

The Effects of Access to Credit on Productivity : Separating Technological Changes from Changes in Technical Efficiency

Jimi, Nusrat - 2019

Improving productivity among microenterprises is important, especially in low-income countries where market imperfections are pervasive, and resources are scarce. Relaxing credit constraints can increase the productivity of microenterprises. Using a field experiment involving agricultural...

Persistent link: https://www.econbiz.de/10012864861

Efficient and Inefficient Welfare States

Algan, Yann - 2011

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

Employer-to-Employer Transitions and Time Aggregation Bias

Bertheau, Antoine; Vejlin, Rune Majlund - 2022

The rate at which workers switch employers without experiencing a spell of unemployment is one of the most important labor market indicators. However, Employer-to-Employer (EE) transitions are hard to measure in widely used matched employer-employee datasets such as those available in the US. We...

Persistent link: https://www.econbiz.de/10014083905

Aggregation and Labor Supply Elasticities

Kneip, Alois - 2013

statistical aggregation procedure which allows for worker heterogeneity in observables and unobservables and is applicable to an …

Persistent link: https://www.econbiz.de/10013073510

Aggregation in Large Dynamic Panels

Pesaran, M. Hashem - 2011

This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … Pesaran (2003), an optimal aggregate function is derived, and the limiting behavior of the aggregation error is investigated … which ﾑobservedﾒ inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our …

Persistent link: https://www.econbiz.de/10013129942