Measuring Productive Efficiency Incorporating Firms’ Heterogeneity: an Empirical Analysis
نویسنده
چکیده
Heterogeneity among firms is quite prevalent in industries. Using the random coefficients model, this paper aims to measure productive efficiency of firms allowing heterogeneity of firms. Firm level data from the Bangladesh food manufacturing are used for empirical estimation. The results show that there are wide variations in efficiency across firms attributable to firms’ heterogeneity. Further, it shows that there is ample scope for increasing efficiency from the given resources and technology.
منابع مشابه
Research and development in productivity measurement: An empirical investigation of the high technology industry
The high tech industry has played a critical role in the economic growth of Taiwan over the past two decades. The main success factor in the high tech industry is posited to be improving R&D efficiency and performance. This study utilizes an empirical study to provide valuable managerial insights when measuring the impact of R&D activities and performance representation in the Taiwanese high te...
متن کاملR&D Subsidies and Firm-Level Productivity: Evidence from France
This paper investigates a theoretical and empirical model to provide a new insight into the relationship between R&D subsidies and firmlevel productivity. The empirical analysis evaluates the productivity of firms involved in a European programme of public R&D subsidies called Eureka. The findings suggest that the Eureka firms experience on average productivity gains towards the end of the four...
متن کاملMeasuring Eco-efficiency of Production: a Frontier Approach
Eco-efficiency of production is an important concept both from the viewpoint of society and business community; but as yet, there is no unambiguous way to its measurement. The purpose of this paper is to present a general measurement framework based on production theory and the activity analysis approach. Although we exploit the existing methods and techniques, our approach diverges essentially...
متن کاملEvaluating the Efficiency of Firms with Negative Data in Multi-Period Systems: An Application to Bank Data
Data Envelopment Analysis (DEA) is a mathematical technique to evaluate the performance of firms with multiple inputs and outputs. In conventional DEA models, the efficiency scores of Decision Making Units (DMUs) with non-negative inputs and outputs are evaluated in a special period of time. However, in the real world there are situations wherein performance of firms must be evaluated in multip...
متن کاملEndogenous Cartel Formation with Free Market Entry and Firm Heterogeneity∗
Why do large firms choose to compete with a cartel rather than to cooperate? Bos and Harrington (2010) explained why small firms do not join in a cartel by introducing heterogeneous firms. But it is still unclear why large firms do not join in a cartel. This paper shows a possibility that only mid-level productive firms benefit from joining a cartel by considering endogenous choices of firm-pro...
متن کامل