In this work, I address foundational concerns at the interface of institutions, governance structure, transaction costs, and efficiency in public-private contracting. Following transaction cost economic perspective, I build and justify the theoretical models explaining that institutions may affect the economic performance of public-private contracting through the effect of transaction costs....
This study focuses on the development of new, non-parametric efficiency measures based on the idea of aggregation via merging functions. We use Shephard's (1970) axiomatic approach of distance functions as the basis for theoretical methodology. In particular, this approach is a background for non-parametric efficiency measures defined on a linearly...
This dissertation addresses three topics on the implications of firm behaviors in creating and adopting knowledge of production, choosing international location for production and market access, and using informative advertising in a market competition with multidimensional product characteristics. The first study investigates the empirical evidence of local knowledge spillovers in...
Environmental sustainability and economic growth is at the forefront of international policy discussions. There is no question that climate change is happening, but also that countries all around the world aspire to continued economic growth. When it comes to climate change, scientists agree that increased carbon dioxide (CO₂) emissions in...
This dissertation addresses three topics on applied microeconomics. First, we investigate issues of market power and tax incidence in the U.S. brewing industry. Since alcohol consumption can be addictive, we derive a structural econometric model of addiction from a dynamic oligopoly game. This model identifies the degree of market power...
In this work I integrate some of my recent research developments in the theory and practice of Productivity and Efficiency Analysis of Economic Systems. In particular, I present some new theoretical relationships between various measures of efficiency and productivity, propose new solutions to some aggregation problems in efficiency analysis and...
This dissertation explores the intricacies associated with the use of distance functions in empirical studies. It focuses on the measurement of advertising efficiency and investigates the properties of the models that seek to approximate the abatement costs of socially undesirable outputs. The first manuscript is devoted to the development of...