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Firm efficiency, industry performance and the economy: Three-way decomposition with an application to Andalusia

Research output: Contribution to journalArticleScientificpeer-review

An economy may perform better because the firms become more efficient, the industries are better organized, or the allocation between industries is improved. In this paper we extend the literature on the measurement of industry efficiency (a decomposition in firm contributions and an organizational effect) to a third level, namely that of the economy. The huge task of interrelating the performance of an economy to industrial firm data is accomplished for Andalusia.
Original languageEnglish
Pages (from-to)25-34
JournalJournal of Productivity Analysis
Issue number1
Early online date31 Jan 2014
StatePublished - Aug 2014

    Research areas

  • input-output, industrial organization, comparative advantage, allocative efficiency, efficiency decomposition
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