Showing 1 - 10 of 169
detrended data for personal consumption expenditures and manufacturing output suggest that the U.S. economy has recovered to … near 90% of pre-pandemic levels as of March 2021, our structural VAR model shows that the component of manufacturing output …
Persistent link: https://www.econbiz.de/10012550202
Production capital and technology, fundamental to understanding output and productivity growth, are unobserved except … of capital and technology for the sample period. We apply the method to annual data from 1947-97 for U.S. total … manufacturing and compare the estimates with those reported by the Bureau of Labor Statistics. …
Persistent link: https://www.econbiz.de/10003120218
The paper studies the degree of homogeneity of innovative behavior in order to determine empirically an industry … classification of Dutch manufacturing that can be used for policy purposes. We use a twolimit tobit model with sample selection … Dutch manufacturing consists of three groups of industries in terms of innovative behavior, a hightech group, a low …
Persistent link: https://www.econbiz.de/10011449855
estimate the resulting price-setting equations for 18 US manufacturing industries defined at the SIC 2-digit level over the …
Persistent link: https://www.econbiz.de/10011508076
Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector …
Persistent link: https://www.econbiz.de/10012105572
With fixed costs of price and quantity adjustment, output effects of inflation depend on the elasticity of the firm's marginal real revenue. If the elasticity always exceeds minus unity, then output decreases with inflation, while if the elasticity is always less than minus unity, then output...
Persistent link: https://www.econbiz.de/10003121028
Using firm-level survey data for the West German manufacturing sector, this paper revisits the technology …-driven business cycle hypothesis for the case of aggregate investment. We construct a survey-based measure of technology shocks to … gauge their contribution to short-run investment fluctuations. We estimate an upper bound for the contribution of technology …
Persistent link: https://www.econbiz.de/10009736762
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition … in the service sector affects downstream manufacturing firms' efficiency, via the inputs used. Using French micro … manufacturing sectors. we find that there is a positive and significant relation between the extent of competition and firms …
Persistent link: https://www.econbiz.de/10003937587
We examine the comovements between the output indexes of three German sectors (manufacturing, mining, and agriculture …
Persistent link: https://www.econbiz.de/10011398919
The paper aims at assessing technological regimes in the context of the Brazilian manufacturing industry along the 2000 … are lower than in SM-II industries. -- technological regimes ; manufacturing industry ; Brazil …
Persistent link: https://www.econbiz.de/10009702893