This paper uses a fundamental Q model of investment to consider the role played by financing frictions in agricultural investment decisions, controlling econometrically for censoring, heterogeneity and errors-in-variables. Our findings suggest that farmer's investment decisions are not driven by...

This paper empirically tests whether decoupled subsidies decrease investment financing constraints faced by farms. Using a panel dataset from Ireland over the period 2005-2010, we test whether the CAP decoupled subsidy payments reduce credit constraints by altering the risk profile of farm...

Much of the literature on industry evolution has found firm dynamics to be an important source of sector-level productivity growth. In this paper, we ask whether the delineation of entry and exit firms matters in assessing the impact of firm turnover. Using detailed firm level data from Vietnam,...

This paper explores the productivity performance of the manufacturing sector in Vietnam between 2001 and 2007. Total Factor Productivity indices are computed using an index number approach and the productivity performance of manufacturing sub-sectors is analysed. We find that productivity...

In this paper, Irish households' expenditure on prepared meals for home consumption is analysed using the 1987 and 1994 Irish Household Budget Survey datasets. The aim of the paper is to analyse the factors influencing Irish households' decisions to purchase prepared meals and how much to spend...

The production structure for the performing arts is complicated by a number of factors making it difficult to estimate production technologies using a theoretical framework built for standard applications. However, understanding the nature of production and the way in which decisions are made by...

The aim of this study is to identify the economic and socio-economic factors influencing Irish households’ expenditure on Food-Away-From-Home (FAFH). The main objective is to estimate a tobit model of the factors affecting Irish household expenditure on quick-service meals, a particularly...

This paper compares standard stochastic frontier models for panel data with a number of recently developed models designed to remove unobserved heterogeneity from the inefficiency component. Results are used to construct a generalised Malmquist total factor productivity (TFP) index. We conclude...

The aim of this study is to identify the economic and socio-economic factors influencing Irish households’ expenditure on Food-Away-From-Home (FAFH). The main objective is to estimate a tobit model of the factors affecting Irish household expenditure on quick-service meals, a particularly...