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We analyze the efficiency and productivity growth of a representative sample of Portuguese hospitals from 1997 to 2004 … productivity indicator that is decomposed into the usual constituents of productivity growth: technological change and efficiency …, using an innovative approach by employing the directional distance function and the Luenberger productivity indicator. The …
Persistent link: https://www.econbiz.de/10005233852
while there was an increase in the productivity of factor inputs during the 1990s, most of the growth in value added is … explained by growth in the use of factor inputs. We also find that median technical efficiency declined in all but one of the … industries between the two years, and change in technical efficiency explains a very small proportion in the change in gross …
Persistent link: https://www.econbiz.de/10005700947
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10005703404
factor productivity, GDP volatility, negative returns on investment, and a labor force that is too reliant on government …
Persistent link: https://www.econbiz.de/10010884109
Persistent link: https://www.econbiz.de/10005826717
We develop a standard search-matching model in which mobility costs are so high that it is too costly for workers to relocate when a change in their employment status occurs. We show that, in equilibrium, wages increase with distance to jobs and commuting costs because firms need to compensate...
Persistent link: https://www.econbiz.de/10005822330
to market productivity, satisfying the Hosios rule leads to excessive vacancy creation. The reason is that the marginal … worker does not internalize the effect of his or her participation on average productivity. …
Persistent link: https://www.econbiz.de/10005822510
This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … production technologies. Finally, in an extension we derive a tax scheme that restores efficiency and we show how workers …
Persistent link: https://www.econbiz.de/10005822529
The Student Right-to-Know Act requires colleges to provide institution-specific information on graduation rates for students initially enrolling full-time in the fall term. Not all students, however, initially enroll full-time or in the fall term. We use longitudinal data on academic,...
Persistent link: https://www.econbiz.de/10005822562
longitudinal data set on all manufacturing firms in Slovenia over the period 1994-2001, this study analyzes how firm efficiency … of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in … firm efficiency occurs across almost all industries and firm types: large or small; state or private; domestic or foreign …
Persistent link: https://www.econbiz.de/10005822655