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On aggregate Farrell efficiencies

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Cited by:

  1. Hosseinzadeh, Ahmad & Smyth, Russell & Valadkhani, Abbas & Le, Viet, 2016. "Analyzing the efficiency performance of major Australian mining companies using bootstrap data envelopment analysis," Economic Modelling, Elsevier, vol. 57(C), pages 26-35.
  2. Kevin Fox, 2012. "Problems with (dis)aggregating productivity, and another productivity paradox," Journal of Productivity Analysis, Springer, vol. 37(3), pages 249-259, June.
  3. Giannis Karagiannis, 2017. "On aggregate composite indicators," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 68(7), pages 741-746, July.
  4. Valentin Zelenyuk, 2023. "Productivity analysis: roots, foundations, trends and perspectives," Journal of Productivity Analysis, Springer, vol. 60(3), pages 229-247, December.
  5. Cherchye, Laurens & Van Puyenbroeck, Tom, 2007. "Profit efficiency analysis under limited information with an application to German farm types," Omega, Elsevier, vol. 35(3), pages 335-349, June.
  6. Arnaud Abad & Rabaozafy Louisa Andriamasy & Walter Briec, 2018. "Surplus measures and luenberger Hicks–Moorsteen productivity indicator," Journal of Economics, Springer, vol. 125(3), pages 279-308, November.
  7. Rolf Fare & Valentin Zelenyuk, 2005. "On Farrell's Decomposition and Aggregation," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 4(2), pages 167-171, August.
  8. Curi, Claudia & Lozano-Vivas, Ana & Zelenyuk, Valentin, 2015. "Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all?," Journal of Banking & Finance, Elsevier, vol. 61(S1), pages 22-35.
  9. Bao Hoang Nguyen & Valentin Zelenyuk, 2020. "Robust efficiency analysis of public hospitals in Queensland, Australia," CEPA Working Papers Series WP052020, School of Economics, University of Queensland, Australia.
  10. Victoria Kravtsova, 2008. "Foreign presence and efficiency in transition economies," Journal of Productivity Analysis, Springer, vol. 29(2), pages 91-102, April.
  11. Laurens Cherchye & Bram De Rock & Dieter Saelens & Marijn Verschelde & Bart Roets, 2022. "Performance Analysis with Unobserved Inputs: An Application to Endogenous Automation in Railway Traffic Management," Working Papers ECARES 2022-06, ULB -- Universite Libre de Bruxelles.
  12. Mussard, Stephane & Peypoch, Nicolas, 2006. "On multi-decomposition of the aggregate Malmquist productivity index," Economics Letters, Elsevier, vol. 91(3), pages 436-443, June.
  13. Peyrache, Antonio, 2015. "Cost constrained industry inefficiency," European Journal of Operational Research, Elsevier, vol. 247(3), pages 996-1002.
  14. Valentin Zelenyuk, 2022. "Aggregation of Efficiency and Productivity: From Firm to Sector and Higher Levels," Springer Books, in: Subhash C. Ray & Robert G. Chambers & Subal C. Kumbhakar (ed.), Handbook of Production Economics, chapter 25, pages 1039-1079, Springer.
  15. Paolo Liberati & Raffaele Lagravinese & Giuliano Resce, 2017. "How Does Economic Social And Cultural Status Affect The Efficiency Of Educational Attainments? A Comparative Analysis On Pisa Results," Departmental Working Papers of Economics - University 'Roma Tre' 0217, Department of Economics - University Roma Tre.
  16. Simar, Leopold & Zelenyuk, Valentin, 2018. "Improving Finite Sample Approximation by Central Limit Theorems for DEA and FDH efficiency scores," LIDAM Discussion Papers ISBA 2018020, Université catholique de Louvain, Institute of Statistics, Biostatistics and Actuarial Sciences (ISBA).
  17. Léopold Simar & Valentin Zelenyuk, 2016. "Asymptotic Theory for Aggregate Efficiency," CEPA Working Papers Series WP042016, School of Economics, University of Queensland, Australia.
  18. Cherchye, Laurens & De Rock, Bram & Kerstens, Pieter Jan, 2018. "Production with storable and durable inputs: Nonparametric analysis of intertemporal efficiency," European Journal of Operational Research, Elsevier, vol. 270(2), pages 498-513.
  19. Shen, Zhiyang & Boussemart, Jean-Philippe & Leleu, Hervé, 2017. "Aggregate green productivity growth in OECD’s countries," International Journal of Production Economics, Elsevier, vol. 189(C), pages 30-39.
  20. Biresh K. Sahoo & Kaoru Tone, 2022. "Evaluating the potential efficiency gains from optimal industry configuration: A case of life insurance industry of India," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(8), pages 3996-4009, December.
  21. Kuosmanen, Timo & Cherchye, Laurens & Sipilainen, Timo, 2006. "The law of one price in data envelopment analysis: Restricting weight flexibility across firms," European Journal of Operational Research, Elsevier, vol. 170(3), pages 735-757, May.
  22. Zelenyuk, Valentin, 2015. "Aggregation of scale efficiency," European Journal of Operational Research, Elsevier, vol. 240(1), pages 269-277.
  23. Sueyoshi, Toshiyuki & Sekitani, Kazuyuki, 2007. "Computational strategy for Russell measure in DEA: Second-order cone programming," European Journal of Operational Research, Elsevier, vol. 180(1), pages 459-471, July.
  24. Simar, Léopold & Zelenyuk, Valentin, 2020. "Improving finite sample approximation by central limit theorems for estimates from Data Envelopment Analysis," European Journal of Operational Research, Elsevier, vol. 284(3), pages 1002-1015.
  25. David C. Broadstock & Shunsuke Managi & Roman Matousek & Nickolaos G. Tzeremes, 2019. "Does doing “good” always translate into doing “well”? An eco‐efficiency perspective," Business Strategy and the Environment, Wiley Blackwell, vol. 28(6), pages 1199-1217, September.
  26. Gary Ferrier & Hervé Leleu & Vivian Valdmanis, 2009. "Hospital capacity in large urban areas: is there enough in times of need?," Journal of Productivity Analysis, Springer, vol. 32(2), pages 103-117, October.
  27. Tsionas, Mike & Parmeter, Christopher F. & Zelenyuk, Valentin, 2023. "Bayesian Artificial Neural Networks for frontier efficiency analysis," Journal of Econometrics, Elsevier, vol. 236(2).
  28. Badunenko, Oleg & Fritsch, Michael & Stephan, Andreas, 2008. "Allocative efficiency measurement revisited--Do we really need input prices?," Economic Modelling, Elsevier, vol. 25(5), pages 1093-1109, September.
  29. Léopold Simar & Valentin Zelenyuk, 2018. "Central Limit Theorems for Aggregate Efficiency," Operations Research, INFORMS, vol. 66(1), pages 137-149, January.
  30. Valentin Zelenyuk, 2018. "Some Mathematical and Historical Clarifications on Aggregation in Efficiency and Productivity Analysis and Connection to Economic Theory," CEPA Working Papers Series WP032018, School of Economics, University of Queensland, Australia.
  31. Lorenzo Castelli & Raffaele Pesenti & Walter Ukovich, 2010. "A classification of DEA models when the internal structure of the Decision Making Units is considered," Annals of Operations Research, Springer, vol. 173(1), pages 207-235, January.
  32. Fang, Lei & Li, Hecheng, 2013. "A comment on “solving the puzzles of structural efficiency”," European Journal of Operational Research, Elsevier, vol. 230(2), pages 444-446.
  33. Thilakaweera, Bolanda Hewa & Harvie, Charles & Arjomandi, Amir, 2016. "Branch expansion and banking efficiency in Sri Lanka’s post‐conflict era," Journal of Asian Economics, Elsevier, vol. 47(C), pages 45-57.
  34. Karagiannis, Giannis & Melfou, Katerina, 2015. "Efficiency analysis in a sample of PGI bean producers in Greece," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 16(2), pages 1-14.
  35. Zelenyuk, Valentin, 2006. "Aggregation of Malmquist productivity indexes," European Journal of Operational Research, Elsevier, vol. 174(2), pages 1076-1086, October.
  36. Cristina Suárez & Justo Jorge, 2010. "Efficiency convergence processes and effects of regulation in the nonspecialized retail sector in Spain," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 44(3), pages 573-597, June.
  37. Färe, Rolf & Karagiannis, Giannis, 2017. "The denominator rule for share-weighting aggregation," European Journal of Operational Research, Elsevier, vol. 260(3), pages 1175-1180.
  38. Li, Sung-ko & Cheng, Yuk-shing, 2007. "Solving the puzzles of structural efficiency," European Journal of Operational Research, Elsevier, vol. 180(2), pages 713-722, July.
  39. Shiu, Alice & Zelenyuk, Valentin, 2009. "Production Efficiency versus Ownership: The Case of China," MPRA Paper 23760, University Library of Munich, Germany, revised 22 Mar 2010.
  40. Kuosmanen, Timo & Kuosmanen, Natalia, 2021. "Structural change decomposition of productivity without share weights," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 120-127.
  41. Fang, Lei & Li, Hecheng, 2015. "Cost efficiency in data envelopment analysis under the law of one price," European Journal of Operational Research, Elsevier, vol. 240(2), pages 488-492.
  42. Thijs Raa, 2011. "Benchmarking and industry performance," Journal of Productivity Analysis, Springer, vol. 36(3), pages 285-292, December.
  43. Hall, Maximilian J.B. & Kenjegalieva, Karligash A. & Simper, Richard, 2012. "Environmental factors affecting Hong Kong banking: A post-Asian financial crisis efficiency analysis," Global Finance Journal, Elsevier, vol. 23(3), pages 184-201.
  44. Bao Hoang Nguyen & Valentin Zelenyuk, 2021. "Aggregate efficiency of industry and its groups: the case of Queensland public hospitals," Empirical Economics, Springer, vol. 60(6), pages 2795-2836, June.
  45. Färe, Rolf & Karagiannis, Giannis, 2014. "A postscript on aggregate Farrell efficiencies," European Journal of Operational Research, Elsevier, vol. 233(3), pages 784-786.
  46. Chun-kei Tsang & Sung-ko Li, 2020. "Allocation of resources within subgroups of an industry: a case study in the Chinese industrial sector," Journal of Productivity Analysis, Springer, vol. 53(1), pages 125-139, February.
  47. Claudia Curi & Paolo Guarda & Ana Lozano-Vivas & Valentin Zelenyuk, 2013. "Is foreign-bank efficiency in financial centers driven by home or host country characteristics?," Journal of Productivity Analysis, Springer, vol. 40(3), pages 367-385, December.
  48. Laurent Weill, 2008. "On the inefficiency of European socialist economies," Journal of Productivity Analysis, Springer, vol. 29(2), pages 79-89, April.
  49. Andreas Mayer & Valentin Zelenyuk, 2014. "An Aggregation Paradigm for Hicks-Moorsteen Productivity Indexes," CEPA Working Papers Series WP012014, School of Economics, University of Queensland, Australia.
  50. Francisco Germano Carvalho Lucio & Jhorland Ayala‐García, 2022. "Public sector efficiency in Brazil," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(6), pages 308-321, December.
  51. Panagiotis Ravanos & Giannis Karagiannis, 2021. "Using VEA to assess effectiveness in the development of human capabilities," Economic Change and Restructuring, Springer, vol. 54(1), pages 75-99, February.
  52. Michael L. Polemis & Thanasis Stengos & Nickolaos G. Tzeremes, 2020. "Modeling the effect of competition on US manufacturing sectors’ efficiency: an order-m frontier analysis," Journal of Productivity Analysis, Springer, vol. 54(1), pages 27-41, August.
  53. Fare, Rolf & Zelenyuk, Valentin, 2007. "Extending Fare and Zelenyuk (2003)," European Journal of Operational Research, Elsevier, vol. 179(2), pages 594-595, June.
  54. Anatoly Pilyavsky & Matthias Staat, 2008. "Efficiency and productivity change in Ukrainian health care," Journal of Productivity Analysis, Springer, vol. 29(2), pages 143-154, April.
  55. Claudia Curi & Ana Lozano-Vivas, 2015. "Financial center productivity and innovation prior to and during the financial crisis," Journal of Productivity Analysis, Springer, vol. 43(3), pages 351-365, June.
  56. Hall, Maximilian J.B. & Kenjegalieva, Karligash A. & Simper, Richard, 2011. "An alternative to the weighted score card approach to measuring performance: An analysis of English and Welsh probation boards," Socio-Economic Planning Sciences, Elsevier, vol. 45(4), pages 184-193, December.
  57. Zelenyuk, Valentin, 2011. "Aggregation of economic growth rates and of its sources," European Journal of Operational Research, Elsevier, vol. 212(1), pages 190-198, July.
  58. Giannis Karagiannis, 2015. "On structural and average technical efficiency," Journal of Productivity Analysis, Springer, vol. 43(3), pages 259-267, June.
  59. Rogge, Nicky, 2018. "Composite indicators as generalized benefit-of-the-doubt weighted averages," European Journal of Operational Research, Elsevier, vol. 267(1), pages 381-392.
  60. Cristian Barra & Anna Papaccio & Nazzareno Ruggiero, 2023. "Basel accords and banking inefficiency: Evidence from the Italian local market," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(4), pages 4079-4119, October.
  61. Salvatore Greco & Alessio Ishizaka & Menelaos Tasiou & Gianpiero Torrisi, 2019. "On the Methodological Framework of Composite Indices: A Review of the Issues of Weighting, Aggregation, and Robustness," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(1), pages 61-94, January.
  62. Oleg Badunenko, 2010. "Downsizing in the German chemical manufacturing industry during the 1990s. Why is small beautiful?," Small Business Economics, Springer, vol. 34(4), pages 413-431, May.
  63. Luiz Chabalgoity & Emerson Marinho & Mauricio Benegas & Paulo de M. Jorge Neto, 2005. "The Impact Of De-Regulamentation On The Brazilian Banking Industry: A Production Metafrontier Approach," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting] 093, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
  64. Rødseth, Kenneth Løvold, 2013. "A note on input congestion," Economics Letters, Elsevier, vol. 120(3), pages 599-602.
  65. Barnabé Walheer, 2019. "Disaggregation for efficiency analysis," Journal of Productivity Analysis, Springer, vol. 51(2), pages 137-151, June.
  66. Walheer, Barnabé, 2019. "Aggregating Farrell efficiencies with private and public inputs," European Journal of Operational Research, Elsevier, vol. 276(3), pages 1170-1177.
  67. Isabelle Piot-Lepetit, 2014. "Technological externalities and environmental policy," Annals of Operations Research, Springer, vol. 214(1), pages 31-48, March.
  68. Hien Thu Pham & Antonio Peyrache, 2015. "Industry Inefficiency Measures: A Unifying Approximation Proposition," CEPA Working Papers Series WP102015, School of Economics, University of Queensland, Australia.
  69. Wang, Xiaoxi & Dietrich, Jan P. & Lotze-Campen, Hermann & Biewald, Anne & Stevanović, Miodrag & Bodirsky, Benjamin L. & Brümmer, Bernhard & Popp, Alexander, 2020. "Beyond land-use intensity: Assessing future global crop productivity growth under different socioeconomic pathways," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
  70. Henderson, Daniel J. & Tochkov, Kiril & Badunenko, Oleg, 2007. "A drive up the capital coast? Contributions to post-reform growth across Chinese provinces," Journal of Macroeconomics, Elsevier, vol. 29(3), pages 569-594, September.
  71. Mayer, Andreas & Zelenyuk, Valentin, 2014. "Aggregation of Malmquist productivity indexes allowing for reallocation of resources," European Journal of Operational Research, Elsevier, vol. 238(3), pages 774-785.
  72. Oleg Badunenko, 2007. "Downsizing in German Chemical Manufacturing Industry during the 1990s: Why Small Is Beautiful?," Discussion Papers of DIW Berlin 722, DIW Berlin, German Institute for Economic Research.
  73. Ali Homayoni & Reza Fallahnejad & Farhad Hosseinzadeh Lotfi, 2022. "Cross Malmquist Productivity Index in Data Envelopment Analysis," 4OR, Springer, vol. 20(4), pages 567-602, December.
  74. Andreas Mayer & Valentin Zelenyuk, 2018. "Aggregation of Individual Efficiency Measures and Productivity Indices," CEPA Working Papers Series WP012018, School of Economics, University of Queensland, Australia.
  75. Trevor Collier & Andrew L. Johnson & John Ruggiero, 2011. "Measuring Technical Efficiency in Sports," Journal of Sports Economics, , vol. 12(6), pages 579-598, December.
  76. Kjærsgaard, Jens, 2010. "Quest for appropriate overcapacity in the fisheries industry," Socio-Economic Planning Sciences, Elsevier, vol. 44(3), pages 141-150, September.
  77. Peyrache, Antonio, 2013. "Industry structural inefficiency and potential gains from mergers and break-ups: A comprehensive approach," European Journal of Operational Research, Elsevier, vol. 230(2), pages 422-430.
  78. Manh D. Pham & Léopold Simar & Valentin Zelenyuk, 2019. "Statistical Inference for Aggregation of Malmquist Productivity Indices," CEPA Working Papers Series WP082019, School of Economics, University of Queensland, Australia.
  79. Colamartino, Chiara & Dipierro, Anna Rita & Toma, Pierluigi & Frittelli, Massimo, 2023. "What lies behind the success of Italian GIs products? Questioning tradition in consortia via aggregated conditional efficiency," Socio-Economic Planning Sciences, Elsevier, vol. 87(PB).
  80. Shaik, Saleem, 2009. "Aggregation Issues In The Estimation Of Malmquist Productivity Measures," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46553, Southern Agricultural Economics Association.
  81. Vitaliy Zheka, 2005. "Corporate governance, ownership structure and corporate efficiency: the case of Ukraine," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 26(7), pages 451-460.
  82. Cooper, W.W. & Huang, Zhimin & Li, Susan X. & Parker, Barnett R. & Pastor, Jesus T., 2007. "Efficiency aggregation with enhanced Russell measures in data envelopment analysis," Socio-Economic Planning Sciences, Elsevier, vol. 41(1), pages 1-21, March.
  83. Rolf Färe & Giannis Karagiannis, 2022. "Aggregation and decomposition of Farrell efficiencies," Operational Research, Springer, vol. 22(5), pages 5675-5683, November.
  84. Astrid Cullmann & Christian Hirschhausen, 2008. "Efficiency analysis of East European electricity distribution in transition: legacy of the past?," Journal of Productivity Analysis, Springer, vol. 29(2), pages 155-167, April.
  85. Karagiannis, Giannis, 2023. "Decomposition and aggregation of tone efficiencies," Omega, Elsevier, vol. 119(C).
  86. Saleem Shaik & Ashok K. Mishra & Joseph Atwood, 2012. "Aggregation issues in the estimation of linear programming productivity measures," Journal of Applied Economics, Universidad del CEMA, vol. 15, pages 169-187, May.
  87. Fare, Rolf & Zelenyuk, Valentin, 2004. "Aggregation of Scale Elasticities Across Firms," MPRA Paper 28055, University Library of Munich, Germany, revised 11 Jan 2010.
  88. Salim, Ruhul & Arjomandi, Amir & Seufert, Juergen Heinz, 2016. "Does corporate governance affect Australian banks' performance?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 43(C), pages 113-125.
  89. Eni Dardha & Nicky Rogge, 2020. "How's Life in Your Region? Measuring Regional Material Living Conditions, Quality of Life and Subjective Well-Being in OECD Countries Using a Robust, Conditional Benefit-of-the-Doubt Model," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 151(3), pages 1015-1073, October.
  90. Vitaliy Zheka, 2006. "Corporate Governance and Firm Performance in Ukraine," CERT Discussion Papers 0605, Centre for Economic Reform and Transformation, Heriot Watt University.
  91. Karagiannis, Roxani & Karagiannis, Giannis, 2018. "Intra- and inter-group composite indicators using the BoD model," Socio-Economic Planning Sciences, Elsevier, vol. 61(C), pages 44-51.
  92. Gong, Chengzhu & Gong, Nianjiao & Qi, Rui & Yu, Shiwei, 2020. "Assessment of natural gas supply security in Asia Pacific: Composite indicators with compromise Benefit-of-the-Doubt weights," Resources Policy, Elsevier, vol. 67(C).
  93. Lagravinese, Raffaele & Liberati, Paolo & Resce, Giuliano, 2020. "The impact of economic, social and cultural conditions on educational attainments," Journal of Policy Modeling, Elsevier, vol. 42(1), pages 112-132.
  94. Maximilian J. B. Hall & Karligash Kenjegalieva & Richard Simper, 2010. "Accounting for environmental factors, bias and negative numbers in efficiency estimation: A bootstrapping application to the Hong Kong banking sector," Discussion Paper Series 2010_03, Department of Economics, Loughborough University, revised Feb 2010.
  95. Valentin Zelenyuk, 2021. "Performance Analysis: Economic Foundations & Trends," CEPA Working Papers Series WP162021, School of Economics, University of Queensland, Australia.
  96. Barnabé Walheer, 2019. "Dynamic directional nonparametric profit efficiency analysis for a single decision-making unit: an aggregation approach," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 41(4), pages 1123-1149, December.
  97. Antonio Peyrache, 2014. "Cost Constrained Industry Inefficiency," CEPA Working Papers Series WP042014, School of Economics, University of Queensland, Australia.
  98. Pachkova, Elena V., 2009. "Restricted reallocation of resources," European Journal of Operational Research, Elsevier, vol. 196(3), pages 1049-1057, August.
  99. Lohr, Luanne & Park, Timothy A., 2006. "Technical Efficiency of U. S. Organic Farmers: The Complementary Roles of Soil Management Techniques and Farm Experience," Agricultural and Resource Economics Review, Cambridge University Press, vol. 35(2), pages 327-338, October.
  100. Mondelaers, Koen & Kuosmanen, Timo & Van Passel, Steven & Buysse, Jeroen & Lauwers, Ludwig H. & Van Huylenbroeck, Guido, 2011. "Sustainable Efficiency Of Firms When New Sustainability Targets Are Introduced," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114633, European Association of Agricultural Economists.
  101. Walheer, Barnabe & Hudik, Marek, 2019. "Reallocation of resources in multidivisional firms: A nonparametric approach," International Journal of Production Economics, Elsevier, vol. 214(C), pages 196-205.
  102. Vladimir Nesterenko & Valentin Zelenyuk, 2007. "Measuring potential gains from reallocation of resources," Journal of Productivity Analysis, Springer, vol. 28(1), pages 107-116, October.
  103. Sahoo, Biresh K. & Singh, Ramadhar & Mishra, Bineet & Sankaran, Krithiga, 2017. "Research productivity in management schools of India during 1968-2015: A directional benefit-of-doubt model analysis," Omega, Elsevier, vol. 66(PA), pages 118-139.
  104. M. A. Hinojosa & S. Lozano & A. M. Mármol, 2018. "DEA production games with fuzzy output prices," Fuzzy Optimization and Decision Making, Springer, vol. 17(4), pages 401-419, December.
  105. Färe, Rolf & Karagiannis, Giannis, 2022. "Aggregating Farrell efficiencies without value data: The case of hospitals," Socio-Economic Planning Sciences, Elsevier, vol. 84(C).
  106. Samira El Gibari & Trinidad Gómez & Francisco Ruiz, 2019. "Building composite indicators using multicriteria methods: a review," Journal of Business Economics, Springer, vol. 89(1), pages 1-24, February.
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