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Technical efficiency trends of Russian firms in 2013–2018

Author

Listed:
  • Tsvetkova, Anna

    (Bank of Russia, National Research University Higher School of Economics; Russian Federation)

Abstract

The paper examines technical efficiency of Russian firms during the period from 2013 to 2018 applying the stochastic production frontier method. The estimates obtained indicate that technical efficiency grows with firm size and declines with its age. While macroeconomic situation deteriorated in 2015–2016, technical efficiency in most industries changed insignificantly. However, the number of industries with a negative trend in technical efficiency is higher than the number of industries with a positive trend. The contribution of industries with declining technical efficiency to the total employment and output are higher than those of industries with growing technical efficiency or insignificantly changing technical efficiency.

Suggested Citation

  • Tsvetkova, Anna, 2021. "Technical efficiency trends of Russian firms in 2013–2018," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 63, pages 91-116.
    • Handle: RePEc:ris:apltrx:0428
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    technical efficiency; production function; Russian firms; stochastic frontier analysis;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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