This paper examines whether receipt of an RSA grant has a causal impact on plant TFP. To tackle the problem of self-selection into the treatment group, propensity score matching is employed. In order to control for the endogeneity of other variables in the model, estimations are performed using the system GMM estimator. The results show that for low technology manufacturing, receipt of an RSA g...

We propose a difference-in-differences (DiD) approach to estimate the impact of incentives on cost reduction. We show theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) incur higher costs when subject to a loweredpowered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper quartile of the efficiency...

We explore the relation between the establishment of a regulatory agency and the performance of the electricity sector. We exploit a dataset comprising firmlevel information on a representative sample of 220 electric utilities from 51 development countries for the period 1985 to 2005. Our results indicate that regulatory agencies are associated with more efficient firms and with higher social w...

This note generalizes analytical relationships among activity variables of DEA models previously derived by Boussemart, Briec and Leleu (2007). We relax the asumption of constant returns to scale by showing that the key results hold under a weaker asumption of homogeneity. We use the notion of α -returns to scale to extend the analysis to strictly increasing and decreasing returns, covering now...

abstract research and development (r&d;) spending plays a major role in innovation, raising productivity and increasing economic growth. the purpose of this paper is to investigate the impact of r&d; spending on growth and total factor productivity (tfp) in iran's agricultural sector. we estimate growth and productivity models using auto-regressive distributed lag (ardl) approach and data over ...

This paper employs a matched firm production-innovation panel dataset from Chile to explore the response of innovation increased competition arising China shock. The data cover wider range inputs and outputs than previously possible allow generating measures markups efficiency (TFPQ) that correspond closely concepts rents technological leadership envisaged in Schumpeterian literature. Except fo...

We quantify the importance of imperfect competition in US labor market by estimating size rents earned American firms and workers. construct a matched employer-employee panel dataset combining universe business worker tax records for period 2001–2015. Using this data, we identify estimate an equilibrium model with two-sided heterogeneity where workers view as substitutes because heterogeneous p...

This study examines the effect of labour market regulations on Greek tourism industry performance. The industry, steam engine economy, always drives to enhance efforts reach further savings in operating costs. However, that influence sector’s ability adjust costs have not been thoroughly investigated. We present a novel methodology permits evaluation technical and allocative efficiency one step...

This paper quantifies the contribution of technology gaps to international income inequality. I develop an endogenous growth model where cross-country differences in R&D efficiency and cross-industry innovation adoption opportunities together determine equilibrium gaps, trade patterns, Countries with higher are richer have comparative advantage more innovation-dependent industries. calibrat...

We construct a measure of gubernatorial candidates’ personal appeal by showing 10-second, silent video clips of unfamiliar gubernatorial debates to a group of experimental participants and asking them to predict the election outcomes. The participants’ predictions explain more than 20 percent of the variation in the actual two-party vote share across the 58 elections in our study, and their imp...