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| Author: | Diaz, M. A. Sanchez, R. |
| Title: | Firm size and productivity in Spain: a stochastic frontier analysis |
| Journal: | Small business economics
2008 : MAR, VOL. 30:3, p. 315-323 |
| Index terms: | efficiency organizational structure panel data production functions small and medium-sized enterprises (SMEs) Spain |
| Language: | eng |
| Abstract: | Devoting special interest in the degree of technical inefficiency and its determinants, this work examines the performance of the small and medium-sized manufacturing companies in 1995-2001. A micro panel data set is used to estimate a stochastic frontier production function and the inefficiency determinants. The findings indicate that the small and medium-sized firms seem to be more efficient than the large firms. In addition, the authors consider the relationship between firm's efficiency and a number of organisational factors related to the ability to adjust capital and labour successfully. |
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