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The recurring heavy precipitations which have struck the south of France these last few years highlight that the affected cities have little pertinent information on how to manage these emergencies, and therefore appear powerless. In response, the development of a local emergency operations plan...
Persistent link: https://www.econbiz.de/10010846287
This paper proposes an alternative model for separating technical change from time-varying technical inefficiency. The proposed formulation uses the general index, developed by Baltagi and Griffin (1988), to model technical change in the production frontier function and a quadratic function of...
Persistent link: https://www.econbiz.de/10010866109
This paper represents a dynamic specification of the Almost Ideal Demand System (AIDS) based on recent developments on cointegration techniques and error correction models. Based on Greek meat consumption data over the period 1958-1993, it was found that the proposed formulation performs well on...
Persistent link: https://www.econbiz.de/10011069422
This paper presents a procedure for measuring technical and allocative inefficiency in an input distance function framework. The procedure involves solving a system of equations to compute the unobserved cost minimizing input vector that is used to compute the cost of allocative inefficiency....
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This paper characterizes the elasticity of factor substitution in one-sector convex growth models with a general production function. It shows that an elasticity of substitution that is asymptotically greater than one is a sufficient (but not a necessary) condition for the existence of a lower...
Persistent link: https://www.econbiz.de/10005518415