The fixed-effects treatment (and within estimation) does not require a distributional assumption of inefficiency or an uncorrelation assumption of inefficiency with regressors.
These SFMs consist of a production function and an inefficiency equation.
The problem could be partially resolved if the Harberger triangle was accompanied by a discussion of bottom-up inefficiency
, but, because pictures tend to guide the discussions, that often does not happen.
We believe we can eliminate huge swaths of this inefficiency
," Gupta said.
In subsequent sections, the firm-specific inefficiency
measures are related to growth, the persistence of profits, and change in market concentration.
No change in the general climate of political thought over the last 10 or 15 years has been as dramatic as the one in the attitude toward government: We've gone from intellectual dishonesty about the genuine issue of inefficiency
all the way over to a prevailing conviction of government's complete inefficiency
Finally someone is addressing the significant amount of waste and inefficiency
that has plagued our industry since inception.
Pervez Elahi has alleged that flood devastations was due to inefficiency
of chief minister Punjab Shahbaz Sharif.
In the latter approach, allocative inefficiency
(defined as the deviations of the first order conditions of profit maximization or cost minimization) is modeled through shadow (virtual) prices which are parametric functions of observed prices.
The point is not that government is efficient--it is not--but that the cure for its inefficiency
does not lie in hyped-up nostrums from the business world.
XML continues to be adopted as the "lingua franca" of the Internet, but the programming inefficiency
of this text-based protocol leads to inefficient applications that bog down enterprise systems.
0 are taken to imply that scale inefficiency