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This paper deals with modeling firm-specific technical change (TC), and technological biases (inputs and scale) in estimating total factor productivity (TFP) growth. Several dual parametric econometric models are used for this purpose. We examine robustness of TFP growth and TC among competing...
Persistent link: https://www.econbiz.de/10005476181
A dynamic factor demand model is presented which pays special attention to the prevalence of a long-term employment relationship in Japan. The model is based on the representation of technology by a variable cost function with adjustment costs for employment and capital stock, where the variable...
Persistent link: https://www.econbiz.de/10005252034
This paper is concerned with a decision analytic extension of the waste input-output model, based on the method of linear programming. The resulting model, which is named the waste input-output linear programming model, allows one to automatically obtain an 'optimal' waste management and...
Persistent link: https://www.econbiz.de/10005637759
Factor demand studies of Komiya, Ozaki, Lau and Tamura based upon detailed cross-section data on individual production units have found that the nonhomothetic factor limitational ( NHT-FL) demand system, a nonhomothetic version of the Leontief fixed coefficient model, well explains the data....
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1 Introduction -- 2 The Model -- 2.0 Introduction -- 2.1 The Basic Model -- 2.2 The Deterministic Model I: General Formulation -- 2.3 The Deterministic Model II: Model Specification -- 2.4 The Econometric Model -- 3 Empirical Results -- 3.0 Introduction -- 3.3 Performance of the Models...
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