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Technical Efficiency, Unions and Decentralized Labor Contracts

Devicienti, Francesco; Manello, Alessandro; Vannoni, Davide - 2016

agreements and technical efficiency, using a large sample of Italian manufacturing firms. We apply the Data Envelopment Analysis …, and its robust version based on bootstrap theory, to get reliable estimates of technical efficiency at the firm level in a … frontiers, as well as to the presence of outliers. The obtained efficiency scores are analyzed in a second stage applying a …

Persistent link: https://www.econbiz.de/10011584607

Why Do South Korean Firms Produce So Much More Output per Worker than Ghanaian Ones?

Baptist, Simon; Teal, Francis J. - 2015

Macro analysis of the sources of income differences has produced very different results as to the importance of education. In this paper we investigate the roles of education and technology in explaining differences in firm level productivity across Ghana and South Korea. The labour productivity...

Persistent link: https://www.econbiz.de/10011307374

A Measure of Well-Being Efficiency Based on the World Happiness Report

Sarracino, Francesco; O'Connor, Kelsey J. - 2022

We estimate a measure of well-being efficiency that assesses countries' ability to transform inputs into subjective … Analysis to a sample of 126 countries. Efficiency scores reveal that high ranking subjective well-being countries, such as the … Nordics, are not strictly the most efficient ones. Also, the scores are uncorrelated with economic efficiency. This suggests …

Persistent link: https://www.econbiz.de/10013470432

Enlightenment Ideals and Belief in Progress in the Run-up to the Industrial Revolution: A Textual Analysis

Almelhem, Ali; Iyigun, Murat; Kennedy, Austin; Rubin, Jared - 2023

Using textual analysis of 173,031 works printed in England between 1500 and 1900, we test whether British culture evolved to manifest a heightened belief in progress associated with science and industry. Our analysis yields three main findings. First, there was a separation in the language of...

Persistent link: https://www.econbiz.de/10014469371

Conducting Interactive Experiments Online

Arechar, Antonio A.; Gächter, Simon; Molleman, Lucas - 2017

Online labor markets provide new opportunities for behavioral research, but conducting economic experiments online raises important methodological challenges. This particularly holds for interactive designs. In this paper, we provide a methodological discussion of the similarities and...

Persistent link: https://www.econbiz.de/10011653245

Dimensions of Quality of Life in Germany: Measured by Plain Text Responses in a Representative Survey (SOEP)

Wagner, Gert G.; Bruemmer, Martin; Glemser, Axel; … - 2017

This paper demonstrates how quality of life can be measured by plain text in a representative survey, the German Socio Economic Panel Study (SOEP). Furthermore, the paper shows that problems that are difficult to monitor, especially problems like the state of the European Union, long-term...

Persistent link: https://www.econbiz.de/10011653249

Sectoral Linkage in the Ethiopian Economy: A Social Accounting Matrix Multiplier Analysis

Kebede, Selamawit G.; Heshmati, Almas - 2023

This research investigates the Ethiopian economy's sectoral linkages. It examines the forward and backward production and total linkages of the industry with the agriculture and service sectors. The import penetration and export intensity of the agriculture-based industry and the manufacturing...

Persistent link: https://www.econbiz.de/10014296589

Artificial Intelligence and the Economics of Decision-Making

Naudé, Wim - 2023

Artificial Intelligence (AI) scientists are challenged to create intelligent, autonomous agents that can make rational decisions. In this challenge, they confront two questions: what decision theory to follow and how to implement it in AI systems. This paper provides answers to these questions...

Persistent link: https://www.econbiz.de/10014296744

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A Hands-on Machine Learning Primer for Social Scientists: Math, Algorithms and Code

Askitas, Nikos - 2024

This paper addresses the steep learning curve in Machine Learning faced by noncomputer scientists, particularly social scientists, stemming from the absence of a primer on its fundamental principles. I adopt a pedagogical strategy inspired by the adage "once you understand OLS, you can work your...

Persistent link: https://www.econbiz.de/10014567597

Evaluating Welfare and Economic Effects of Raised Fertility

Makarski, Krzysztof; Tyrowicz, Joanna; Malec, Magda - 2019

Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from longevity. However, an increased number of births implies immediate private costs and only delayed public benefits of younger and larger population. We propose using an...

Persistent link: https://www.econbiz.de/10012005973