Results 121 to 130 of about 156,200 (162)
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Trade Unions and Economic Efficiency
The Economic Journal, 1983In this paper, I shall investigate a role for trade unions in increasing economic efficiency. This role is enabling an improvement in the allocation of riskbearing between a firm and its employees. The essential idea is straightforward. If employers and employees are both risk averse, the optimal wage contract will not leave one party bearing all the ...
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Shades of trade: Dark trading and price efficiency
Journal of Banking & Finance, 2023Using a comprehensive approach, we investigate how various forms of non-displayed order flow such as hidden orders on exchanges, brokerage internalizations, and orders submitted to off-exchange venues affects price efficiency. By considering the multiple forms of dark trading available to traders, we are able to better understand the nuances of dark ...
Jared F. Egginton +2 more
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Trade costs, trade, and port efficiency
2018Ocean ports are vital hubs for transportation of internationally traded goods and therefore important for economic growth. In this chapter, the authors review the various methodologies that have been used to estimate the efficiency of ocean ports. They then refine and provide updated estimates of port efficiencies based on the methodology of Blonigen ...
Bruce A. Blonigen, Wesley W. Wilson
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Trade restrictiveness and efficiency*
International Economic Review, 2003This article proposes a trade restrictiveness quantity index (TRQI) to measure the welfare impact of trade restrictions based on a distance functions approach. The TRQI embodies two Farrell measures of efficiency—respectively for producers and consumers—that can be computed using standard efficiency measurement techniques.
Nancy H. Chau +2 more
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Intermediaries and Trade Efficiency
SSRN Electronic Journal, 2005Bargaining with bilateral asymmetric information is generally not efficient. In this paper, I develop a theoretical model to show that firms can recapture trade efficiency and avoid this surplus loss by adding an intermediary to the trading mechanism.
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Kyklos, 1987
This paper studies possible impacts of international trade on domestic innovative activity. In the light of Schumpeterian ideas of dynamic efficiency, observed evidence of a positive relationship between static efficiency and trade may be undesirable. The paper examines the question by means of an econometric analysis of a huge data set of individual ...
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This paper studies possible impacts of international trade on domestic innovative activity. In the light of Schumpeterian ideas of dynamic efficiency, observed evidence of a positive relationship between static efficiency and trade may be undesirable. The paper examines the question by means of an econometric analysis of a huge data set of individual ...
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Efficient trading with restriction
Review of Economic Design, 2009zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Lu, Hu, Wang, Yuntong
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On the efficiency of fair trade
Review of Social Economy, 2006Abstract This paper uses competitive equilibrium theory to analyze the economic efficiency of international “fair trade” between ethical consumers and low-income producers. The main analytical innovations are the reconsideration of the labor supply decision in a state of Keynesian involuntary unemployment as a choice between work and, not leisure, but ...
exaly +2 more sources
Measuring trade efficiency [PDF]
, 2005 In this paper we use the Data Envelopment Analysis (DEA) window method to compare trade efficiency for 16 OECD countries and for the time period 1996–2000. From the analysis we obtained the efficiency scores and the optimal output levels for inefficient countries for all years under consideration. Results drawn from the broadly used ratio analysis were
Halkos, George, Tzeremes, Nickolaos
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Economic Performance, Trade Restrictiveness, and Efficiency
Review of Development Economics, 2003AbstractThe paper addresses the question of whether trade restrictiveness impacts economic performance, via a trade restrictiveness index that is decomposable into a trade distortion and a domestic distortion component. The paper builds on the Anderson and Neary price index measure of trade distortion, in evaluating trade restrictiveness via a distance
Bureau, J.C. +3 more
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