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Economic policy interventions of a scale as effected in eastern Germany can be expected to have a significant impact on the economy, which may be in accordance with the objectives of the policy measures or manifest itself in distortions of several kinds. This paper analyzes the structural...
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provide evidence of the causal impact of this policy on firms' input choices and on total factor productivity on Italian … manufacturing firms. Our empirical strategy combines structural estimation of firms' production function and techniques for policy … the productivity obtained from estimating the production function, does not provide valid inference. We rely instead on an …
Persistent link: https://www.econbiz.de/10013361269
How do firms adjust their output, inventories, employment and capital in response to demandsideshocks? To understand this, we estimate a reduced-form model using firm-level panel dataand we construct a theoretical model that can match the estimated impulse-response functions.A combination of...
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gives the opportunity to analyse the industry sector's productivity by minimizing the problem of endogeneity and therefore …
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This essay examines the diffusion of growth poles in Italy. This means inquiring not only into the mechanisms of the … territorial diffusion of growth in Italy in the second half of the 1990s, taking global and local effects into account. The … literature, especially in Italy, on district and non-district manufacturing clusters, to serve as a basis of comparison; iii) it …
Persistent link: https://www.econbiz.de/10014164784
We use a translog cost function to model production in the Irish manufacturing sector over the period from 1991 to 2009. We estimate both own- and cross-price elasticities and Morishima elasticities of substitution between capital, labour, materials and energy. We find that capital and energy...
Persistent link: https://www.econbiz.de/10010231661