scholarly journals Productivity, Efficiency, Scale Economies and Technical Change: A New Decomposition Analysis

2005 ◽  
Author(s):  
Jiro Nemoto ◽  
Mika Goto
Keyword(s):  
Technical Change ◽  
Decomposition Analysis ◽  
Scale Economies

scholarly journals Self-Dual Stochastic Production Frontiers and Decomposition of Output Growth: The Case of Olive-Growing Farms in Greece

2001 ◽  
Vol 30 (2) ◽  
pp. 168-178 ◽  
Author(s):  
Giannis Karagiannis ◽  
Vangelis Tzouvelekas
Keyword(s):  
Size Effect ◽  
Technical Change ◽  
Decomposition Analysis ◽  
Output Growth ◽  
Use Of Self ◽  
Production Frontier ◽  
Tfp Growth ◽  
Stochastic Production ◽  
Allocative Inefficiency ◽  
Over Time

This paper provides a decomposition of output growth among olive-growing farms in Greece during the period 1987–1993 by integrating Bauer's (1990) and Bravo-Ureta and Rieger's (1991) approaches. The proposed methodology is based on the use of self-dual production frontier functions. Output growth is attributed to the size effect, technical change, changes in technical and input allocative inefficiency, and the scale effect. Empirical results indicate that the scale and the input allocative inefficiency effects, which were not taken into account in previous studies on output growth decomposition analysis, have caused a 7.3% slowdown and a 11.0% increase in output growth, respectively. Technical change was found to be the main source of TFP growth while both technical and input allocative inefficiency decreased over time. Still though, a 56.5% of output growth is attributed to input growth.

An intraregional economic analysis of production structure and factor demand in major Canadian softwood lumber producing regions

1988 ◽  
Vol 18 (8) ◽  
pp. 1036-1048 ◽  
Author(s):  
J. K. Meil ◽  
J. C. Nautiyal
Keyword(s):  
Technical Change ◽  
Time Series Data ◽  
Decomposition Analysis ◽  
Production Capacity ◽  
Series Data ◽  
Variable Cost ◽  
Production Structure ◽  
Cross Sectional ◽  
Behaviour Factor ◽  
Factor Demand

Cross-sectional time-series data were employed to estimate four intraregional models of production structure and factor demand over the time period 1968–1984. Lumber, tie, and pulp chip information was incorporated into the restricted, single-output, variable cost transcendental logarithmic function. Results indicate that aggregate sectoral studies do not adequately reflect regional production behaviour in the industry. Additional tests for aggregation bias demonstrated that different mill sizes within a region also portray differing production behaviour. Factor demand decomposition analysis indicated that demand for production inputs is not static, but is governed by offsetting dynamic effects. With few exceptions, all mills across regions exemplify material- and energy-using and labour-saving biases in technical change. Larger mills consistenly registered the greatest labour-saving technical change, which countered their lack of attaining significantly large cost-reducing scale economies. Mid-sized mills consistently exhibited the largest returns to scale. The data suggest that small mills are leaving the industry in some regions and production capacity is becoming concentrated in the larger mills.

scholarly journals Decomposition Analysis of Factor Cost Shares: The Case of Greek Agriculture

1996 ◽  
Vol 28 (2) ◽  
pp. 369-379 ◽  
Author(s):  
Giannis Karagiannis ◽  
Stelios Katranidis ◽  
Kostas Velentzas
Keyword(s):  
Scale Effect ◽  
Technical Change ◽  
Decomposition Analysis ◽  
Demand Functions ◽  
Input Demand ◽  
Alternative Version ◽  
Factor Substitution

AbstractAn alternative version of decomposition analysis, based on factor cost shares rather than input demand functions, is presented and applied to Greek agriculture. Decomposition analysis shows that most of the changes in factor cost shares during the period from 1973 to 1989 are attributed to technical change and factor substitution, while the role of the scale effect is small, except that of fertilizer. The decomposition analysis results are then used to analyze the implications of Greece's fertilizer and feed subsidy removal, which took place in 1990.

scholarly journals Scale Economies, Scope Economies, and Technical Change in Federal Reserve Payment Processing

2002 ◽  
Vol 2002 (57) ◽  
pp. 1-25
Author(s):  
Robert M. Adams ◽  
◽  
Paul W. Bauer ◽  
Robin Sickles
Keyword(s):  
Federal Reserve ◽  
Technical Change ◽  
Scale Economies ◽  
Scope Economies

Relative price efficiency, technical change, and scale economies for large commercial banks

1990 ◽  
Vol 2 (3) ◽  
pp. 281-298 ◽  
Author(s):  
Douglas D. Evanoff ◽  
Philip R. Israilevich ◽  
Randall C. Merris
Keyword(s):  
Technical Change ◽  
Commercial Banks ◽  
Scale Economies ◽  
Relative Price ◽  
Price Efficiency
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