Be productive or face decline. On the sources and determinants of output growth in Italian manufacturing firms

This article investigates the sources and determinants of output growth of Italian manufacturing firms. Applying stochastic frontier techniques, we decompose output growth into factor accumulation and TFP growth for the period 1998–2003. TFP growth is further decomposed into technological change, efficiency change and scale effects. Two key results emerge from the analysis. After confirming that both input accumulation and TFP growth are important in explaining output growth, we show that efficiency change (technological catch-up) is the most significant component of TFP growth in explaining output growth distribution. Furthermore, using a specific model of the asymmetric error component, we find that R&D spillovers, banking efficiency and public infrastructures have statistically significant and economically relevant effects on technological catch-up.     

Networks in a protected business context: Licenses as restraints and facilitators

Taking the network approach developed in the Nordic countries as a point of departure (cf. [Håkansson, H. and Snehota, I. (1989). No business is an island. The network concept of business strategy, Scandinavian Journal of Management 5 (3) 187-200.; Turnbull, P., Ford, D., and Cunningham, M. (1996). Interaction relationships and networks in business markets. An evolving perspective, Journal of Business Marketing 11 (3/4) 44-62]) this paper seeks to explore how firms and networks are affected by high involvement by governmental authorities. A special focus is given to the regulating instrument of licenses. In two case studies of protected industries, the pharmacy and insurance industry, we find that licenses are restrictions but also facilitators for relationships and networks. Licenses render firms a certain degree of acceptance, define roles and positions in the network, and affects efficiency. Thus, although licenses can be seen as a restriction for firms it also becomes evident that they facilitate firms' activities related to operating and/or entering new markets.     

Public Infrastructure Investment and Efficiency in Italian Regions

Evidence on growth rates in per capita income of Italian regions reveals persistent differences in development patterns between North and South Italy. While Northern regions manage to sustain high growth rates, Southern regions stagnate in low growth traps. To explain the phenomenon of different long-term growth paths, we use the stochastic frontier approach which allows to discriminate between the channels through which public infrastructure influences overall productivity. The main results are that the impact of core-infrastructure investment on efficiency is always positive. The impact of non-core infrastructure on efficiency is negative in the South and positive in the North. The present study was carried out while Camilla Mastromarco was Marie Curie Research Fellow at the Department of Economics, University of Munich. We are grateful to participants at the 2nd Hellenic Workshop on Efficiency and Productivity Measurement in Patras, 2003, at the Workshop on Efficiency and Productivity Analysis in Oviedo, 2003, at the First Italian Congress on Econometrics and Empirical Economics in Venice, 2005, and to seminar participants at the Universities of Lecce and Verona for helpful comments and suggestions.     

Efficiency of hospitals in the Czech Republic: Conditional efficiency approach

Journal of Productivity Analysis - This paper estimates the cost efficiency of 81 general hospitals in the Czech Republic during 2006–2010. We employ the conditional order-m approach to...     

Is Infrastructure Spending an Effective Fiscal Policy?

The impact of expansionary fiscal policy intended to increase economic growth by using infrastructure‐focused stimulus packages is analyzed by considering the debt to GDP ratio dynamics model. It is shown that for the data characterizing the current state of the US economy the government investment in infrastructure cannot decrease the debt to GDP ratio. The paper contributes to the ongoing fiscal policy debate whether government investment in infrastructure is an effective approach to boost the economy.     

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Governance on the Ground: A Study of Solid Waste Management in Addis Ababa,Ethiopia

This article examines the management of solid waste in Addis Ababa from 2004 to mid‐2011. It describes how solid waste management has evolved and how relationships between the informal sector and the local authority have shifted in relation to the political atmosphere in the city. The author shows how good governance promoted by international donors does not necessarily result in improved service delivery on the ground. In line with the principles of good governance, the Ethiopian government decentralized the city's administration and entered into partnerships with non‐state actors in order to improve service delivery. However, these structural changes have not led to improvements in providing services for dealing with solid waste, nor have they improved accountability to or participation by civil society. The study shows that the established ways of exercising power are continuing within the new structures of the city administration, resulting in increased control over the actors involved in the process, and more conflicts and deeper mistrust of the city administration. This, in turn, has prevented the successful integration of the informal sector and provision of an improved solid waste service in the city. The city administration in Addis Ababa claims to have adopted good governance, but in reality it has adapted good governance to suit its own interests and agendas.