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https://hdl.handle.net/20.500.14279/14702| Title: | Institutions, freedom, and technical efficiency | Authors: | Adkins, Lee C. Moomaw, Ronald L. Savvides, Andreas |
Major Field of Science: | Social Sciences | Field Category: | Economics and Business | Issue Date: | Jul-2002 | Source: | Southern Economic Journal, 2002, vol. 69, no. 1, pp. 92-108 | Volume: | 69 | Issue: | 1 | Start page: | 92 | End page: | 108 | Journal: | Southern Economic Journal | Abstract: | The impact of institutions on economic performance is currently the subject of much research. In this study we use panel data to estimate a stochastic production frontier and the sources of inefficiency for a broad set of countries. A maximum-likelihood procedure is used to estimate the parameters for the stochastic production frontier and the determinants of inefficiency simultaneously. Our results show that institutions that promote greater economic freedom in turn promote efficiency. | URI: | https://hdl.handle.net/20.500.14279/14702 | ISSN: | 23258012 | DOI: | 10.2307/1061558 | Rights: | ©Wiley-Blackwell Attribution-NonCommercial-NoDerivs 3.0 United States |
Type: | Article | Affiliation : | Oklahoma State University | Publication Type: | Peer Reviewed |
| Appears in Collections: | Άρθρα/Articles |
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