1,721,096 research outputs found
Public capital and total factor productivity: New evidence from the Italian regions, 1970–98
Get PDFDestefanis S. and Sena V. (2005) Public capital and total factor productivity: new evidence from the Italian regions, 1970–98, Regional Studies 39 , 603–618. This paper analyses the relationship between industrial total factor productivity and public capital across the 20 Italian administrative regions. It adds upon the existing literature in a number of ways: it analyses a longer period (1970–98); it allows for the role of human capital accumulation; it tests for the existence of a long‐run relationship between total factor productivity and public capital (through previously suggested panel techniques) and for weak exogeneity of public capital; and it assesses the significance of public capital within a non‐parametric set‐up based on the Free Disposal Hull. The results confirm that public capital has a significant impact on the evolution of total factor productivity, particularly in the Southern regions. This impact is mainly ascribed to the core infrastructures (road and airports, harbours, railroads, water and electricity, telecommunications). Also, core infrastructures are weakly exogenous.Total factor productivity, Public capital accumulation, Long‐run relationship, Non‐parametric frontiers, Productivité globale des facteurs de production, Accumulation du capital public, Rapport à long terme, Frontières non‐paramétriques, Gesamtfaktorenproduktivität, Ansammlung öffentlichen, Kapitals, Langjährige, Beziehung, Nicht‐parametrische, Grenzen, Productividad total factorial, Acumulación de capital público, Relación duradera, Fronteras no paramétricas, JEL classifications: O40, R11, R53,
Health, Capabilities and Functionings: An Empirical Analysis for the UK
No full textWe analyse the relationship between socio-economic variables and health outcomes for adult participants in three waves of the British Household Panel Survey from 1999 to 2001. We adopt Sen’s capability approach and compute a capability index ranking individuals on the basis of their ability to transform health and economic resources into health functionings. The results show that, even when controlling for access to health resources, socio-economic variables affect significantly the health functionings in the UK. This suggests the need for more equalitarian access policies to health care facilities
Property rights, finance constraints and technical efficiency: an analysis on Italian firm data through Data Envelopmemt Analysis
No full textFinancial Constraints and Technical Efficiency: Some Empirical Evidence for Italian Producers’ Cooperatives
No full textIn this paper, we test the extent to which producers’ cooperatives can experience an increase in technical efficiency following a tightening of financial constraints. This hypothesis is tested on a sample of Italian conventional and cooperative firms for the wine production and processing sector, using frontier analysis. The results support the hypothesis that increasing financial pressure can affect positively the cooperatives efficiency
Competition and Efficiency: Some theoretical prescription and Empirical evidence for the European dairy industry
Get PDFThis paper analyses the mechanisms through which increasing market competition may help cooperatives to improve technical efficiency to guarantee positive profits. This hypothesis is first formalised in a partial equilibrium framework and then is tested on a sample of European investor owned and cooperative firms, belonging to the dairy industry, using frontier analysis. Technical efficiency indexes are computed by using the one-stage approach as suggested by Reifschneider and Stevenson (1991), where proxies for competition are introduced as determinants of efficiency variancey. The results support the hypothesis that increasing market competition can affect positively the cooperatives ́ efficiency.
Depositato come Quaderno del Dipartimento TESAF n. 96.
Disponibile come Working Paper n. 3/2006 del Centro per la Formazione in Economia e Politica dello Sviluppo Rurale al sito: http://www.depa.unina.it/depa/WP_3_2006.pd
Is competition really bad news for cooperatives? Some empirical evidence for Italian cooperatives
No full textHigh growth episodes among R&D intensive firms: Evidence for Europe, US and Japan
No full textThe purpose of this article is three-fold: first, it tests whether inter-industry R&D spillovers are positively associated with the likelihood of experiencing high growth episodes among R&D intensive firms in Europe, US and Japan; second, it tests whether such a relationship is conditional on their level of absorptive capacity (ACAP); third, it tests whether the acquisition of foreign patents please replace brackets with commas may trigger high growth episodes among a sub-set of R&D intensive firms. For the empirical analysis, we focus on R&D intensive manufacturing firms observed between 2002 and 2017, located in Europe, US and Japan. The empirical findings support the hypotheses suggesting that: a) inter-industry R&D spillovers are associated with the likelihood of experiencing high growth episodes; b) ACAP conditions the relationship between inter-industry R&D spillovers and the likelihood of experiencing high growth episodes and c) shares of foreign patents are positively associated with the likelihood of experiencing high growth episodes among high-tech R&D intensive firms
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