New Economics Papers
on Efficiency and Productivity
Issue of 2005‒07‒18
five papers chosen by



  1. Banking System Efficiency and the Dualistic Development of the Italian Economy in the Nineties By Cesare Imbriani – Antonio Lopes
  2. Matching Efficiency and Labour Market Reform in Italy. A Macroeconometric Assessment By Sergio Destefanis, Raquel Fonseca
  3. Unit root and cointegration tests for cross-sectionally correlated panels.Estimating regional production functions By Roberto Basile, Mauro Costantini, Sergio Destefanis
  4. Determinants of Technical Efficiency in Agriculture and Cattle Ranching: A Spatial Analysis for the Brazilian Amazon By Danilo Camargo Igliori
  5. Productivity and labor management <br />in Shanghai state-owned industrial enterprises By Christian Henriot

  1. By: Cesare Imbriani – Antonio Lopes (Università di Roma “La Sapienza” – Università di Foggia)
    Abstract: The article provides an analysis of some features of the Italian Credit System in the Nineties. In particular, it focuses on a comparison of Banks efficiency – in terms of costs, revenues and profits – in Northern and Southern Italy taking into account the dualistic structure, which characterizes the Italian economic system.
    Date: 2005–03
    URL: http://d.repec.org/n?u=RePEc:sal:celpdp:92&r=eff
  2. By: Sergio Destefanis, Raquel Fonseca (CELPE – CSEF, Università di Salerno)
    Abstract: A matching theory approach is utilised to assess the impact on the Italian labour market of the 1997 legge Treu, which considerably eased the regulation of temporary work and favoured its growth in Italy. We re-parameterise the matching function as a Beveridge Curve and estimate it as a production frontier. We find huge differences in matching efficiency between the South and the rest of the country. The legge Treu appears to have reduced unemployment in the more developed regions of the country but did not greatly affect the matching efficiency of the regional labour markets.
    Keywords: temporary contracts, matching efficiency, regionaldisparities
    JEL: J64 J69 C24
    Date: 2005–05
    URL: http://d.repec.org/n?u=RePEc:sal:celpdp:93&r=eff
  3. By: Roberto Basile, Mauro Costantini, Sergio Destefanis (ISAE, Roma – Università di Macerata, ISAE, Roma – Università “La Sapienza” di Roma, CELPE, CSEF – Università di Salerno)
    Abstract: This paper employs recently developed non stationary panel methodologies that assume some cross-section dependence to estimate the production function for Italian regions in the industrial sector over the period 1970-1998. The analysis consists in three steps. First, unit root tests for cross-sectionally dependent panels are used. Second, the existence of a co-integrating relationship among value added, physical capital and human capital-augmented labor is investigated. The Dynamic OLS (DOLS) and Fully modified (FMOLS) estimators developed by Pedroni (1996, 2000, 2001) and the Panel Dynamic OLS (PDOLS) estimator proposed by Mark and Sul (2003) are then used to estimate the long run relationship between the variables considered.
    Keywords: panel cointegration, cross-section dependence, production function.
    JEL: C33 C15 D24
    Date: 2005–05
    URL: http://d.repec.org/n?u=RePEc:sal:celpdp:94&r=eff
  4. By: Danilo Camargo Igliori (Department of Land Economy, University of Cambridge, UK)
    Abstract: The determinants of technical efficiency in agriculture and cattle ranching are closely related with the debate involving the conservation-development trade-off in the Brazilian Amazon. Concerned with balancing development and environmental conservation, policy makers and academics have emphasized the importance of choosing ways of selecting areas where land use restrictions would be established. In order to understand the relationship between spatial patterns of deforestation and the associated distribution and characteristics of economic activity, issues regarding technical efficiency are clearly important. This paper aims to identify the socio-economic and environmental determinants of technical efficiency in agriculture and cattle ranching in the Brazilian Amazon emphasizing their relationship with spatial processes of deforestation and development. The study is structured in two parts. The first part is concerned with measuring technical efficiency for agriculture and cattle ranching in each geographical unit focusing on the production relationship between inputs and outputs. The second one focuses on the variation in the efficiency measure explained by exogenous factors and includes the spatial analysis. We adopt the model proposed by Battese and Coelli (1995) where the production function and the exogenous effects influencing technical efficiency are estimated simultaneously.
    Keywords: stochastic frontier, technical efficiency, spatial analysis, Brazilian Amazon
    Date: 2005–06
    URL: http://d.repec.org/n?u=RePEc:lnd:wpaper:092005&r=eff
  5. By: Christian Henriot (IAO - Institut d'asie orientale - http://iao.ish-lyon.cnrs.fr/ - Université Lumière - Lyon II - Ecole Normale Supérieure Lettre et Sciences Humaines)
    Abstract: The present paper is based on a large three-year survey we carried out among Shanghai SOEs from 1989 to 1992, with a follow-up to 1995. We tried to assess the extent of the reforms, their impact, and the capacity of Shanghai SOEs to adapt to a more competitive environment. In this paper, I shall focus on one aspect of SOEs' management, namely the issue of productivity. Low and declining productivity has been one of the major features of SOEs in China and in Shanghai. By the time of our survey, Shanghai SOEs had been under reform for 8 years (1984-1992). Reforms in management, labor, marketing should have brought substantial changes. They had a serious impact indeed, but they failed to materialize into a real rejuvenation of SOEs.
    Keywords: China; Shanghai; industry; reforms;
    Date: 2005–07–09
    URL: http://d.repec.org/n?u=RePEc:hal:papers:halshs-00004064_v1&r=eff

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