G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1936
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
URLhttps://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.
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