Showing 1 - 6 of 6
Technical change in general milk processing is estimated within a homothetic frontier production function allowing neutrally variable scale elasticity. The results show that technical progress is characterized by a rapid increase in optimal scale and a small capital saving bias, increasing the...
Persistent link: https://www.econbiz.de/10010818381
This paper is concerned with the measurement of productive efficiency. Farrell's measures of efficiency are generalized to nonhomogeneous production functions. Several new measures of efficiency have been introduced and applied to the Swedish milk processing industry. The empirical analysis is...
Persistent link: https://www.econbiz.de/10010818544
In this paper, I investigate whether instead of strengthening home-based production, government R&D-subsidies can induce R&D-intensive firms to locate production abroad. Investigating firm-level data on Swedish MNEs, however, I find no evidence of such relocation. R&D subsidies rather tend to en...
Persistent link: https://www.econbiz.de/10008552181
Investigating the robustness of the skill-biased technical change hypothesis, this analysis incorporates two novel features. First, effective labor is modeled as the product of a quantity measure - number of employees with a given level of education - and a quality index, depending on, i.a.,...
Persistent link: https://www.econbiz.de/10005780378
This paper develops a simple general equilibrium model with sequential search in which a non-degenerate wage offer … compensation on the unemployment rate and aggregate welfare taking into account the induced change in the wage offer distribution …
Persistent link: https://www.econbiz.de/10010684408
manufacturing. Most of this increase was due to increased wage subsidies to specific firms facing acute difficulties. The Swedish … selective wage subsidy yields higher industrial output, employment and export in the short run than alternative subsidy policies …
Persistent link: https://www.econbiz.de/10010684541