Pub Date : 2023-10-09DOI: 10.1007/s11123-023-00705-z
Alecos Papadopoulos
{"title":"Some notes on the asymmetry of the regression error","authors":"Alecos Papadopoulos","doi":"10.1007/s11123-023-00705-z","DOIUrl":"https://doi.org/10.1007/s11123-023-00705-z","url":null,"abstract":"","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135092679","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-02DOI: 10.1007/s11123-023-00704-0
Kristiaan Kerstens, Jafar Sadeghi, Ignace Van De Woestyne, John Walden
This contribution focuses on extending the current state of the art in a central resource allocation planning model known under the name of the short-run Johansen industry model in three ways. First, we correct a long-standing issue of the correct choice of weight variables on the capacity distribution by guaranteeing that these weights determine production combinations that belong to the production technology on which the plant capacity estimates are based in the first place. Second, we exploit the gap between average practice and best practice models by introducing an efficiency improvement imperative that allows for partial technical inefficiency when planning. Third, instead of only considering output-oriented plant capacity, we allow for alternative plant capacity concepts. In particular, we introduce an input-oriented plant capacity concept, and an alternative attainable output-oriented plant capacity concept that corrects a major empirical issue in the traditional output-oriented plant capacity notion. These methodological refinements are illustrated with a data set on U.S. fishing vessels by developing a planning model to curb overfishing.
{"title":"Short-run Johansen frontier-based industry models: methodological refinements and empirical illustration on fisheries","authors":"Kristiaan Kerstens, Jafar Sadeghi, Ignace Van De Woestyne, John Walden","doi":"10.1007/s11123-023-00704-0","DOIUrl":"https://doi.org/10.1007/s11123-023-00704-0","url":null,"abstract":"This contribution focuses on extending the current state of the art in a central resource allocation planning model known under the name of the short-run Johansen industry model in three ways. First, we correct a long-standing issue of the correct choice of weight variables on the capacity distribution by guaranteeing that these weights determine production combinations that belong to the production technology on which the plant capacity estimates are based in the first place. Second, we exploit the gap between average practice and best practice models by introducing an efficiency improvement imperative that allows for partial technical inefficiency when planning. Third, instead of only considering output-oriented plant capacity, we allow for alternative plant capacity concepts. In particular, we introduce an input-oriented plant capacity concept, and an alternative attainable output-oriented plant capacity concept that corrects a major empirical issue in the traditional output-oriented plant capacity notion. These methodological refinements are illustrated with a data set on U.S. fishing vessels by developing a planning model to curb overfishing.","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":"102 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135790223","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-18DOI: 10.1007/s11123-023-00699-8
William C. Horrace, Hyunseok Jung, Yi Yang
{"title":"The conditional mode in parametric frontier models","authors":"William C. Horrace, Hyunseok Jung, Yi Yang","doi":"10.1007/s11123-023-00699-8","DOIUrl":"https://doi.org/10.1007/s11123-023-00699-8","url":null,"abstract":"","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":"352 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135152890","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-16DOI: 10.1007/s11123-023-00700-4
Ioannis Skevas
Abstract This study presents a random coefficients stochastic frontier model that can accommodate the flexible translog functional form without being computationally demanding and thus time consuming to estimate. This is achieved by restricting the second-order frontier parameters to be common to all firms. For comparison, random coefficients stochastic frontier models with Cobb–Douglas, semi-translog and translog specifications with all parameters being firm-specific are estimated. The models are applied to an unbalanced panel of German dairy farms, and Bayesian techniques are used for the estimation. The results suggest that the time needed for the sampler to complete in the proposed model reduces dramatically as opposed to a translog model where all parameters are firm-specific. The elasticities exhibit some differences, depending on the choice of functional form, whilst the efficiency scores are less affected. Bayes factors suggest that the proposed model fits the data best.
{"title":"A note on functional form specification in random coefficients stochastic frontier models","authors":"Ioannis Skevas","doi":"10.1007/s11123-023-00700-4","DOIUrl":"https://doi.org/10.1007/s11123-023-00700-4","url":null,"abstract":"Abstract This study presents a random coefficients stochastic frontier model that can accommodate the flexible translog functional form without being computationally demanding and thus time consuming to estimate. This is achieved by restricting the second-order frontier parameters to be common to all firms. For comparison, random coefficients stochastic frontier models with Cobb–Douglas, semi-translog and translog specifications with all parameters being firm-specific are estimated. The models are applied to an unbalanced panel of German dairy farms, and Bayesian techniques are used for the estimation. The results suggest that the time needed for the sampler to complete in the proposed model reduces dramatically as opposed to a translog model where all parameters are firm-specific. The elasticities exhibit some differences, depending on the choice of functional form, whilst the efficiency scores are less affected. Bayes factors suggest that the proposed model fits the data best.","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135306071","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-16DOI: 10.1007/s11123-023-00698-9
Rolf Färe, Giannis Karagiannis
Abstract In this paper we extend the denominator rule for ratios given in different units of measurement and we explain how to derive the relevant aggregation shares, which are given in terms of the denominator variable and the constants converting the relevant variables into the same unit of measurement.
{"title":"The denominator rule with unit ratio difference","authors":"Rolf Färe, Giannis Karagiannis","doi":"10.1007/s11123-023-00698-9","DOIUrl":"https://doi.org/10.1007/s11123-023-00698-9","url":null,"abstract":"Abstract In this paper we extend the denominator rule for ratios given in different units of measurement and we explain how to derive the relevant aggregation shares, which are given in terms of the denominator variable and the constants converting the relevant variables into the same unit of measurement.","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":"198 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135307087","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-11DOI: 10.1007/s11123-023-00688-x
Silvio Daidone, Francisco Pereira Fontes
{"title":"The role of social protection in mitigating the effects of rainfall shocks. Evidence from Ethiopia","authors":"Silvio Daidone, Francisco Pereira Fontes","doi":"10.1007/s11123-023-00688-x","DOIUrl":"https://doi.org/10.1007/s11123-023-00688-x","url":null,"abstract":"","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":"68 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135939288","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-08DOI: 10.1007/s11123-023-00701-3
W. Erwin Diewert, Kevin J. Fox
Abstract Definitions of output and input are key to studies of productivity analysis, as they are to the national accounts of countries. This paper systematically reviews alternative definitions at production unit and aggregate levels, illustrating the different perspectives that they provide on production and income, and making the case for their use in understanding different aspects of firm and country economic performance.
{"title":"Alternative output, input and income concepts for the production accounts","authors":"W. Erwin Diewert, Kevin J. Fox","doi":"10.1007/s11123-023-00701-3","DOIUrl":"https://doi.org/10.1007/s11123-023-00701-3","url":null,"abstract":"Abstract Definitions of output and input are key to studies of productivity analysis, as they are to the national accounts of countries. This paper systematically reviews alternative definitions at production unit and aggregate levels, illustrating the different perspectives that they provide on production and income, and making the case for their use in understanding different aspects of firm and country economic performance.","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136299156","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-22DOI: 10.1007/s11123-023-00697-w
L. Cherchye, B. De Rock, Dieter Saelens, Marijn Verschelde
{"title":"Productive efficiency analysis with incomplete output information","authors":"L. Cherchye, B. De Rock, Dieter Saelens, Marijn Verschelde","doi":"10.1007/s11123-023-00697-w","DOIUrl":"https://doi.org/10.1007/s11123-023-00697-w","url":null,"abstract":"","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":" ","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44032075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-18DOI: 10.1007/s11123-023-00695-y
Joseph Kuehn
{"title":"Adjusting for teammate effects in evaluating college prospects for the NBA draft","authors":"Joseph Kuehn","doi":"10.1007/s11123-023-00695-y","DOIUrl":"https://doi.org/10.1007/s11123-023-00695-y","url":null,"abstract":"","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":" ","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45497773","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-18DOI: 10.1007/s11123-023-00689-w
L. Simar, P. W. Wilson
{"title":"Another look at productivity growth in industrialized countries","authors":"L. Simar, P. W. Wilson","doi":"10.1007/s11123-023-00689-w","DOIUrl":"https://doi.org/10.1007/s11123-023-00689-w","url":null,"abstract":"","PeriodicalId":16870,"journal":{"name":"Journal of Productivity Analysis","volume":" ","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45788364","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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