Productivity with General Indices ofManagement and Technical Change

We propose a model of production where technical change is both time and management induced. We define a general management index in addition to the general time index of Baltagi and Griffin (1988) and use them as arguments in the translog productionfunction. Time and management induced technical change are then defined interms of these general indices. For comparison, we also consider models in which time and management are specified as continuous variables. We report empirical results for a sample of manufacturing firms in the US, UK, Germany and France.

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Year of publication:	2012
Authors:	Triebs, Thomas ; Kumbhakar, Subal C.
Publisher:	Munich : ifo Institute - Leibniz Institute for Economic Research at the University of Munich
Subject:	Produktivität \| Technischer Fortschritt \| Zeit \| Management \| Index \| Theorie \| Schätzung \| Verarbeitendes Gewerbe \| USA \| Großbritannien \| Deutschland \| Frankreich \| General management index \| general time index \| technical change

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Series:	ifo Working Paper ; 144
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	729458679 [GVK] hdl:10419/73728 [Handle] RePec:ces:ifowps:_144 [RePEc]
Classification:	M11 - Production Management ; D24 - Production; Capital and Total Factor Productivity; Capacity ; O33 - Technological Change: Choices and Consequences; Diffusion Processes
Source:	EconStor

Persistent link: https://www.econbiz.de/10010312081