This paper investigates the relationship between firm productivity and four different board characteristics, including board size, board composition, board ownership and board leadership. Using total factor productivity (TFP) as a measure for productivity, we find an inverse association between board size and productivity and a positive relationship between board composition and productivity in...

This paper is a survey of recent contributions to and developments in the relationship between efficiency and productivity via the production function. The objective is to provide a brief discussion on data and on the methods of measuring efficiency and productivity. First, we introduce the reader to the measurement of partial and total factor productivity in the context of static and firm - sp...

This study is to investigate the short- and long-run causal relationship between agglomeration (localization and urbanization) economies and labor productivity in the manufacturing sector of 28 Iranian provinces over an 11-year period, 2001–2011. Fully Modified Ordinary Least Squares (FMOLS) method was used to estimate our long-run panel data model. The empirical findings suggested that localiz...

the main objective of this study is to investigate the production factors productivity in large manufacturing sub-sectors. for this purpose, using statistical data for period 1972-2004, we have tried to study and analyze the trend and level of production factors productivity (partial and total productivity) in each sub-sectors classified according to isic two digits code. the average and margin...

Using a standard definition of productivity growth, it is shown that a country may have higher productivity growth than another country in each sector, but may have a lower productivity growth rate overall. Also, it is shown that popular methods for aggregating firm/industry estimates of productivity growth have a serious problem in that productivity of all firms/industries can go up, but aggre...

This paper investigates the dynamics of Total Factor Productivity at the establishment level. We introduce technology transfer into a framework with heterogeneous firms and ongoing entry and exit. We find evidence that convergence to the frontier is statistically and quantitatively important. Foreign multinationals make up a significant proportion of establishments at the technological frontier...

Genetic algorithm is a tool to solve selection and optimization related problems. It is a heuristic search process which helps in optimizing productivity of highway equipments. This paper aims at developing an approach for optimizing productivity of hydraulic excavators and vibratory tandem steel drum rollers in highway projects using genetic algorithm. For analysis, EVOLVER 5.7add-in software ...