SSE/EFI Working Paper Series in Economics and Finance
Mihai Cotfas, Almas Heshmati
Dynamics of Technical Efficiency and Productivity Change under Central Planning: The Romanian Cement Industry 1966-1989
() and Lennart Hjalmarsson
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.
Keywords: Productivity change; productive efficiency; stochastic frontiers; time-varying efficiency; panel data; cement industry; Romania; (follow links to similar papers)
JEL-Codes: C23; D24; L61; O30; (follow links to similar papers)
27 pages, October 16, 2000
Before downloading any of the electronic versions below
you should read our statement on
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
- This paper is published as:
Cotfas, Mihai, Almas Heshmati and Lennart Hjalmarsson, (2005), Dynamics of Technical Efficiency and Productivity Change under Central Planning: The Romanian Cement Industry, Economic Dynamics and Institutions, CEDAM, ISBN 88-13-25839-9.
Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design by Joachim Ekebom