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Van Biesebroeck, Johannes - 2021

Researchers interested in estimating productivity can choose from an array of methodologies, each with its strengths and weaknesses. Methods differ by the assumptions they rely on and imply very different calculations. I compare five widely used techniques: (a) index numbers, (b) data...

Persistent link: https://www.econbiz.de/10013220963

Fuzzy Frontiers of Production : Evidence of Persistent Inefficiency in Safety Expenditures

Ichniowski, Casey - 2021

This study documents a strong inverse relationship between accident rates and production in a sample of eleven firms in the same narrowly defined industry classification. Given the detailed set of input controls and controls for plant-specific and time-specific factors used in the analysis, the...

Persistent link: https://www.econbiz.de/10013236836

Ownership Versus Environment : Why are Public Sector Firms Inefficient?

Bartel, Ann; Harrison, Ann E. - 2021

firms in Indonesia. We consider two leading hypotheses: (1) public sector enterprises are inefficient due to monitoring …

Persistent link: https://www.econbiz.de/10013210597

Measuring Economic Efficiency Using Inverse-Optimum Weights

Hendren, Nathaniel - 2014

This paper provides a method to measure the traditional Kaldor-Hicks notion of “economic efficiency” when taxes affect … behavior. In contrast to traditional unweighted surplus, measuring efficiency requires weighting individual benefits (or … results suggest that measuring economic efficiency requires weighting surplus accruing to the poor roughly 1.5-2 times more …

Persistent link: https://www.econbiz.de/10013049692

Lens or Prism? Patent Citations as a Measure of Knowledge Flows from Public Research

Roach, Michael - 2014

. Using survey-based measures of the dimensions of knowledge flows, we identify sources of systematic measurement error … and direction of measurement error bias suggests that measuring knowledge flows with patent citations can lead to …

Persistent link: https://www.econbiz.de/10013065647

Heights and Human Welfare : Recent Developments and New Directions

Steckel, Richard H. - 2021

Since 1995 approximately 325 publications on stature have appeared in the social sciences, which is more than a four-fold increase in the rate of production relative to the period 1977-1994. The expansion occurred in several areas, but especially within economics, indicating that heights are now...

Persistent link: https://www.econbiz.de/10013212366

Reconciling Models of Diffusion and Innovation : A Theory of the Productivity Distribution and Technology Frontier

Benhabib, Jess - 2017

We study how innovation and technology diffusion interact to endogenously determine the shape of the productivity distribution and generate aggregate growth. We model firms that choose to innovate, adopt technology, or produce with their existing technology. Costly adoption creates a spread...

Persistent link: https://www.econbiz.de/10012964404

Were Free Southern Farmers "Driven to Indolence" by Slavery? A Stochastic Production Frontier Approach

Field-Hendre, Elizabeth B.; Craig, Lee A. - 2021

Antebellum critics of slavery argued that it was responsible for the relative inefficiency of free southern farms. We examine this issue, employing a stochastic production function, which allows us to distinguish between technological superiority and technical inefficiency, and controlling for...

Persistent link: https://www.econbiz.de/10013237603

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

Gorodnichenko, Yuriy - 2014

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

Algorithms and the Changing Frontier

Agwara, Hezekiah - 2014

We first summarize the dominant interpretations of the "frontier" in the United States and predecessor colonies over the past 400 years: agricultural (1610s-1880s), industrial (1890s-1930s), scientific (1940s- 1980s), and algorithmic (1990s-present). We describe the difference between the...

Persistent link: https://www.econbiz.de/10013055503