...
首页> 外文期刊>Review of international economics >Is Globalization Driving Efficiency? A Threshold Stochastic Frontier Panel Data Modeling Approach
【24h】

Is Globalization Driving Efficiency? A Threshold Stochastic Frontier Panel Data Modeling Approach

机译:全球化在推动效率吗?门槛随机前沿面板数据建模方法

获取原文
获取原文并翻译 | 示例
           

摘要

In an earlier paper the authors proposed a two-step approach to examine dynamic transmission mechanism under which globalization factors foster technology efficiency. In this paper the MSS model is extended by combining a panel threshold regression technique. This threshold stochastic frontier panel data model enables the analysis of regime-specific stochastic frontiers and complex time-varying patterns of technical efficiencies in a robust manner. Using a dataset of 44 countries over 1970-2007, income elasticities of labor and capital and time-varying common efficiencies are found to be substantially different under superior and inferior frontiers. Capital and labor inputs are more productive under superior frontier. More importantly, common efficiencies have steadily increased under superior frontier, but technical efficiency has monotonic-ally decreased for low income countries, supporting the so-called club convergence hypothesis. Furthermore, the VAR-based impulse response analyses suggest that openness factors through FDI and trade help the countries to improve production technology and efficiency position relative to the frontier only after the country has reached a certain level of development.
机译:在较早的论文中,作者提出了一种两步方法来研究动态传输机制,在这种机制下,全球化因素可以提高技术效率。本文通过结合面板阈值回归技术扩展了MSS模型。该阈值随机边界面板数据模型能够以健壮的方式分析特定于制度的随机边界和技术效率的复杂时变模式。使用1970-2007年间44个国家/地区的数据集,在上,下边界之间,劳动力和资本的收入弹性以及随时间变化的共同效率差异很大。在优越的边界下,资本和劳动力投入更具生产力。更重要的是,在优越的国界下,普通效率稳步提高,但对于低收入国家,技术效率却单调下降,这支持了所谓的俱乐部趋同假设。此外,基于VAR的冲激响应分析表明,通过外国直接投资和贸易实现的开放性因素仅在该国达到一定发展水平后才有助于该国相对于边境改善生产技术和效率地位。

著录项

  • 来源
    《Review of international economics》 |2012年第3期|p.563-579|共17页
  • 作者单位

    Department of Economics and Quantitative Methods, University of Salento, 73100 Lecce,Italy;

    Department of Economics, University of Bari, Via C. Rosalba, 53,70124 Bari, Italy;

    Department of Economics and Related Studies, University of York, Heslington, York,YO10 5DD, UK;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号