Search results for " Technical Efficiency"
showing 9 items of 9 documents
Climate variability and agriculture in Italy: a stochastic frontier analysis at the regional level
2020
In the next future, climate change effects will represent a challenge for Europe and the Mediterranean area. These will have to cope with a rapid increase in climate variability. Although many economic sectors may be affected, agriculture is the most susceptible as climate heavily affects crop production trends, yield variability and the availability of areas suitable for cultivation. Using the stochastic frontier approach, the aim of this work is to analyse the impacts of climate variability on Italian regional technical efficiency in the agricultural sector for a period spanning from 2000 to 2009. Considering that technical inefficiency could be influenced by two main annual meteorologica…
Pollution and economic growth: a maximum likelihood estimation of environmental Kuznets curve
2011
As in Brock and Taylor (2011) in this paper we consider the importance of the relationship between the Environmental Kuznets Curve (EKC) Literature and the Economic Growth Theories. To address this issue we construct country production functions that directly incorporate CO2 emissions as input and estimate them using Stochastic Frontiers. This approach differs from that of Brock and Taylor (2011) but is similar to the one followed by Koop (1998). By introducing the environmental “bads” directly in the production function, we can analyse their contribution to total output growth. We highlight an important contribution of CO2 emissions to growth and find out that the EKC seems not to hold, at…
How does public spending affect technical efficiency? Some evidence from 15 European countries
2020
The relationship between government size and economic growth has been widely debated. Revisiting the subject from a distinct angle with respect to the mainstream approach, we provide an empirical analysis of the impact of government size on technical efficiency. The aim of this paper is to estimate the impact of public sector's size and of public expenditure components on 15 European countries’ technical efficiency from 1996 to 2014 by using a True Random Effect model. Using the total public expenditure as a proxy for the government size we estimate simultaneously national optimal production function and technical efficiency by controlling for income distribution and institutional quality. …
A bargaining model of Farrell inefficiency
1998
Abstract An enormous number of empirical papers have estimated technical efficiency, the distance of firms inside a frontier, following the model of Farrell (Farrell, 1957. The measurement of productive efficiency. Journal of the Royal Statistical Society Series A 120 (3), 253–290). We propose a theory that explains the distance these empirical papers seek to measure. The theory is based on the idea that workers can bargain low `effort' (high crew sizes etc.) if they and the firm have some monopoly power. We provide simple theoretical expressions for the empirical measures of technical and allocative efficiency and compare them to those in the statistical literature. We also consider the re…
Italy’s North-South Divide Yet Again: Some New Evidence from Firms, Sectors and Territories
2021
The recent literature on the North-South divide in Italy has refuted a homogeneous reading and treatment of the “Southern question” and has recalled the importance of deep intra-South disparities. This paper contributes to this line of research, offering some descriptions of intra-South disparities. We first make use of data at the firm level pertaining to the manufacturing sector between 2008 and 2019 to show how productive units differ within each macro-area according to their main balance-sheet indicators and to technical efficiency, both in terms of their average and variability. Secondly, we use different data available at the provincial level to assess the territorial disparities exis…
How Does the Public Spending Affect Technical Efficiency? Some Evidence from 15 European Countries
2019
The relationship between government size and economic growth has been widely debated. Departing from this issue, we provide an empirical analysis of the impact of government size on technical efficiency. The aim of this paper is to estimate by using a True Random Effect model the impact of public sector’s size and of public expenditure components on 15 European countries’ technical efficiency from 1996 to 2011. Using the total public expenditure as a proxy for the government size we estimate simultaneously national optimal production function and technical efficiency model by controlling for income distribution and institutional quality. Our main findings show that the effect of public sect…
Nutrition-Related Diseases in the Medicines Reimbursement System of Latvia
2013
Latvijā ambulatorajai ārstēšanai paredzēto zāļu un medicīnisko ierīču iegādes izdevumu kompensācijas sistēma darbojas stingri ierobežotu valsts budžeta līdzekļu apstākļos, līdz ar to aktuāls kļūst jautājums par papildus iespēju izvērtēšanu līdzekļu izlietojuma optimizācijai, ņemot vērā arī preventīvo pasākumu nozīmīgumu. Pētījuma mērķis ir identificēt uztura atkarīgās slimības zāļu iegādes izdevumu kompensācijas sistēmā un novērtēt iespējas noteikt papildinošo uztura programmu potenciālo efektivitāti. Mērķa sasniegšanai izmantotas teorētiskās izpētes metodes (normatīvo dokumentu un speciālās literatūras analīze) un empīriskās izpētes metodes (statistikas datu vākšana, apkopošana un analīze)…
Local vs. National Environmental Spending: A Stochastic Frontier Analysis
2012
This work studies the impact of public environmental spending in a fiscal federalist framework. The main question is studying when the centralization of this public economic function is welfare improving. Applying the Stochastic Frontier Approach (SFA) on Italian, Portuguese and Slovakian data, the paper tries to test this issue. Our results highlight the superiority of centralized environmental spending with respect to the decentralization of this particular public good.
Differenziali Territoriali di Produttivita' ed Efficienza negli Anni '90: i Livelli e l'Andamento
2001
Nel presente lavoro, dopo avere effettuato una rassegna degli approcci esistenti in letteratura sulle ragioni dello sviluppo dualistico dell'economia italiana, si argomenta che per valutare il potere esplicativo di questi approcci e' importante esaminare alcune loro predizioni empiriche relativamente a livello e andamento della produttivita' totale dei fattori, nonche' degli elementi in cui queste variabili possono essere scomposte. Basandosi sui dati dell'Indagine del Mediocredito Centrale, vengono quindi calcolati per gli anni '90 misure di efficienza tecnica, di scala e allocativa, nonche' degli indici di Malmquist, per un campione piuttosto ampio (e territorialmente diversificato) di im…