This paper provides parametric estimates of technical change, e¢ ciency change, economies of scale, and total factor productivity growth for large banks (those with assets in excess of $1 billion) in the United States, over the period from 2000 to 2005. This is done by estimating an output distance function subject to theoretical regularity within a Bayesian framework. We …nd that failure to in...

the present study used different categories of organized sector manufacturing industries pooled data for the periods of 1981-82 and 2007-08 in haryana state (india). the present undertaking seeks to analyze the inter-temporal and inter-industry comparison of total factor productivity (tfp) measured by malmquist productivity index - an application of dea which calculates the indices of tfp and i...

Employer’s Information and Promotion-Seeking Activities This paper presents a model in which promotion of employees within the internal firm hierarchy is determined by the individuals’ allocation of time between promotion/rent-seeking and productive activity. We consider the effect of an increase in the employer’s knowledge (information) regarding the employees’ productivity levels on the total...

The impact of group-based credit programs on the nutritional status of children by gender in rural Bangladesh is evaluated. Lacking exclusion restrictions of the usual sort, the effect of credit program participation by gender of participant is identified by imposing a factor structure on the regression errors. Women’s credit is found to have a large and statistically significant impact on two ...

This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. Using data on actual trade protection across different manufacturing sectors, it is shown that trade liberalization had a positive impact on TFP growth during the 1990s. In addition, time-series evidence on macro data supports a positive long-run relationship between TFP and opennes...

Studies have found the impact of foreign direct investments (FDI) on productivity growth to be firm-industry-host economy specific. However, the impact of FDI may differ with the existing market conditions in the economy and also with respect to the source of the FDI. The paper examines the impact of FDI on productivity growth of the Indian industry in the period of low market demand conditions...

We study how total factor productivity (TFP), energy prices and the great moderation are linked. First, we estimate a joint stochastic process for the energy price and TFP and establish that until 1982:II, energy prices negatively affected productivity. This spill-over has since disappeared. Second, we show that within the framework of a Dynamic Stochastic General Equilibrium (DSGE) model, the ...

We use a sample of Italian manufacturing firms to study the relationship between productivity (proxied by Total Factor Productivity) and the intensity of firm participation in heterogeneous foreign markets (proxied by the ratio of exports to total sales, i.e., export intensity). We find that firm productivity is strongly negatively correlated with export intensity to low-income countries and un...

Gender Wage-Productivity Differentials and Global Integration in China In the absence of discrimination, there should be no wage-productivity differentials as relative wages should be equal to the relative marginal productivity levels of workers. This paper investigates the role of globalization on the structure and evolution of gender differentials in China by simultaneously estimating demand-...

We examine equilibria individuals take unobs incentives in the insura individuals differ only productivities. Under t risk-productivity types generally differ from Wambach (2000). We JEL Classification :