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also improving European competitiveness. Regulation is one of the main factors influencing competitiveness. This paper … countries from 1975 to 2007. Using the Stochastic Frontier Approach applied to the EU-KLEMS and OECD's Regulation Impact … Indicator database I found that, given the strong negative relationship between regulation and Technical Efficiency, which is …
Persistent link: https://www.econbiz.de/10013122378
In this paper the Stochastic Frontier approach was used for the estimation and decomposition of manufacturing TFP growth in 14 EU member countries, drawing upon the EU-KLEMS database. This study identifies some key issues: in the period 1970-2005, the TFP rate of change in the EU manufacturing...
Persistent link: https://www.econbiz.de/10005004938
We apply a stochastic frontier production model to data from 53 countries during 1991-2003 to estimate total factor productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that world productivity growth was led by fast-growing...
Persistent link: https://www.econbiz.de/10008658803
This paper tackles the problem of aggregate TFP measurement using stochastic frontier analysis. We estimate a world production frontier for a sample of 75 countries over a long period. The “Bauer Kumbhakar” decomposition of TFP is applied to a smaller sample in order to evaluate the effects...
Persistent link: https://www.econbiz.de/10013036763
In recent decades, the ASEAN economies have implemented a number of regional integration policies. Using a panel dataset of 10 ASEAN countries from 1980 to 2017, this study examines the productivity and efficiency of the ASEAN economies using a stochastic production frontier model. Furthermore,...
Persistent link: https://www.econbiz.de/10013179517
This Paper Tackles the Problem of Aggregate TFP Measurement Using Stochastic Frontier Analysis (SFA). Data From Penn World Table 6.1 are Used to Estimate a World Production Frontier For a Sample of 75 Countries Over a Long Period (1950-2000) Taking Advantage of the Model Offered By Battese and...
Persistent link: https://www.econbiz.de/10014168159
This paper aims at identifying relevant indicators for TFP growth in EU countries during the recovery phase following the 2008/09 economic crisis. We proceed in three steps: First, we estimate TFP growth by means of Stochastic Frontier Analysis (SFA). Second, we perform a TFP growth...
Persistent link: https://www.econbiz.de/10012301277
The firms’ performance assessment for regulation requires estimating profit change and its drivers. This study …
Persistent link: https://www.econbiz.de/10013453632
This study attempts to investigate the level of transient and persistent technical efficiencies of large- and medium-scale manufacturing establishments in Ethiopia. A stochastic frontier approach was used for Cobb–Douglas production technology and a panel data set (1996–2015) was developed...
Persistent link: https://www.econbiz.de/10012858527
This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of the U.S. at the macroeconomic level. The stochastic possibility frontiers approach of Battese and Coelli (1992) applied here is used to identify neutralities or nonneutralities...
Persistent link: https://www.econbiz.de/10012726102