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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1936 |
DP1936 Is Coordination of Fiscal Deficits Necessary? | |
Soren Bo Nielsen; Harry Huizinga | |
发表日期 | 1998-07-31 |
出版年 | 1998 |
语种 | 英语 |
摘要 | An enormous number of empirical papers have estimated technical efficiency, the distance of firms inside a frontier, following the model of Farrell (1957). We propose a theory that explains the distance these empirical papers seek to measure. The theory is based on the idea that workers can bargain low ?effort? (high crew sizes etc.) if they and the firm have some monopoly power. We provide simple theoretical expressions for the empirical measures of technical and allocative efficiency and compare them to those in the statistical literature. We consider the relation between competition and efficiency and show how the model extends readily to address public sector inefficiency, increasing returns and manager/firm agency problems. |
关键词 | X-inefficiency Competition Effort Technical efficiency |
URL | https://cepr.org/publications/dp1936 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531069 |
推荐引用方式 GB/T 7714 | Soren Bo Nielsen,Harry Huizinga. DP1936 Is Coordination of Fiscal Deficits Necessary?. 1998. |
条目包含的文件 | 条目无相关文件。 |
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