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Title:Dynamics of technical efficiency and productivity change under central planning: The Romainian cement industry 1966 - 1989 PDF Logo
Authors:Cotfas, Mihai
Heshmati, Almas
Hjalmarsson, Lennart
Issue Date:2000
Series/Report no.:SSE/EFI Working Paper Series in Economics and Finance 405
Abstract:This paper investigates the time-path of efficiency and productivity change in the case of the Romanian cement industry 1966-1989. The analysis is based on different specifications of stochastic frontier models. The efficiency scores and the time paths of efficiency and technical change are found to vary substantially among models. The most important feature of the Romanian cement industry before the revolution in 1989 is a slow rate of productivity progress, and a corresponding catch up in the level of productive efficiency.
Subjects:Productivity change
productive efficiency
stochastic frontiers
time-varying efficiency
panel data
cement industry
Romania
JEL:C23
D24
L61
O30
Document Type:Working Paper
Appears in Collections:SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics

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