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Firm efficiency, industry performance and the economy: Three-way decomposition with an application to Andalusia

Amores,A.F.
; 
ten Raa,T.
Abstract
An economy may perform better because the firms become more efficient, the industries are better organized, or the allocation between industries is improved. In this paper we extend the literature on the measurement of industry efficiency (a decomposition in firm contributions and an organizational effect) to a third level, namely that of the economy. The huge task of interrelating the performance of an economy to industrial firm data is accomplished for Andalusia.
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Date
2014-08
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Tilburg University Research Output Collection
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Keywords
input-output, industrial organization, comparative advantage, allocative efficiency, efficiency decomposition, L10 - General, D24 - Production ; Cost ; Capital ; Capital, Total Factor, and Multifactor Productivity ; Capacity, O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence
Citation
Amores, A F & ten Raa, T 2014, 'Firm efficiency, industry performance and the economy : Three-way decomposition with an application to Andalusia', Journal of Productivity Analysis, vol. 42, no. 1, pp. 25-34. https://doi.org/10.1007/s11123-014-0384-0
URI
https://hdl.handle.net/20.500.14602/62038
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