Measuring potential gains from specialization under non-convex technologies

Measuring potential gains from specialization under non-convex technologies

In this paper, the Free Coordination Hull (FCH) approach developed by Green and Cook (2004) is combined with the Free Disposal Hull (FDH) model to detect potential gains from specialization. As a non-convex approach that allows both directly observed and summed Decision Making Units to define the production technology, FCH is the relevant model for analysing optimal reallocation of activity amo...

Non convex technologies and economic efficiency measure with imprecise data

On Measuring the Welfare Gains from Trade under Consumer Heterogeneity

I develop a multi-country multi-industry model of trade that features heterogeneous consumers with non-homothetic preferences. I use the model to quantify the measurement errors in the welfare gains estimates caused by the assumption of a representative consumer (ARC). First, I reduce the world level of all trade costs by 15% and find that ARC overestimates (underestimates) the gains of the poo...

non convex technologies and economic efficiency measure with imprecise data

Potential Productivity Gains in the Field through Wireless Technologies

Information is one of the key ingredients in the success of any industry. Having information and sending information at the right time and at the right place makes this success. Wearable computing and wireless communication technologies have brought up an informational environment that can be characterized as anytime-anywhere, which is able to enhance productivity. As a productivity improving e...