Showing 1 - 10 of 8,282
to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most …This paper aims to examine the productivity change of the Japanese economy using the data pertaining to the 47 … prefectures during the period 1981-2000. The decomposition analysis of the Hicks-Moorsteen-Bjurek productivity index is conducted …
Persistent link: https://www.econbiz.de/10013249572
empirical finding.Three elaborations to the basic production frontier framework are developed and used to interpret the accident-productivity …This study documents a strong inverse relationship between accident rates and production in a sample of eleven firms in … operating on well-defined production frontiers is not adequate for providing an entirely accurate interpretation of the basic …
Persistent link: https://www.econbiz.de/10013236836
At the firm level, revenue and costs are well measured but prices and quantities are not. This paper shows that because … of these data limitations estimates of returns to scale at the firm level are for the revenue function, not production … heterogeneity in productivity and factor prices symmetrically. The strength of the proposed estimator is illustrated by Monte Carlo …
Persistent link: https://www.econbiz.de/10012773179
managers than with the use of imported inputs or foreign ownership. On the debate whether aggregate productivity growth is …Researchers interested in estimating productivity can choose from an array of methodologies, each with its strengths … evaluate three productivity debates using a panel of manufacturing plants in Colombia. The different methods generate …
Persistent link: https://www.econbiz.de/10013220963
soft budget constraint. The two models are nested in a production function framework and the empirical results provide … sector ownership has no independent impact on productivity growth. The finding that ownership per se does not matter, but …
Persistent link: https://www.econbiz.de/10013210597
This paper discusses efficiency considerations underlying the widespread exemption of food from sales and value added … policy. Although there are increasing returns in both household and market production of meals there are, nonetheless …, critical differences between them. Market production is imperfectly competitive leading to average cost pricing with free entry …
Persistent link: https://www.econbiz.de/10013213419
We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure … lowers costs in a manufacturing sector characterized by both firm-level returns to scale and industry-level external returns … effect on manufacturing or aggregate output, however, is indeterminate. In particular, our theory suggests that the degree of …
Persistent link: https://www.econbiz.de/10013222910
measured total factor productivity. Over longer horizons. on the other hand, it is the activity level of suppliers that is more …
Persistent link: https://www.econbiz.de/10013225827
, either from the state or federal government, that is tied to higher standards, have variable costs that are 19 percent higher … for workers. There are economies of scale in production. Controlling for the level of quality of services, a 10 percent … increase in hours of children served brings about only an 8.5 percent increase in costs in the long-run. There is no evidence …
Persistent link: https://www.econbiz.de/10013222965
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/10013070230