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manufacturing sector has little or no significant effect on the productivity of other sectors. Using value-added data, however, we …
Persistent link: https://www.econbiz.de/10005830191
This paper presents an econometric mediation analysis. It considers identification of production functions and the sources of output effects (treatment effects) from experimental interventions when some inputs are mismeasured and others are entirely omitted.
Persistent link: https://www.econbiz.de/10011095624
Explanations of procyclical productivity play a key role in a variety of business-cycle models. Most of these models … aggregate productivity changes into several terms, each of which has an economic interpretation. However, many of these terms …
Persistent link: https://www.econbiz.de/10005248684
prefectures during the period 1981-2000. The decomposition analysis of the Hicks-Moorsteen-Bjurek productivity index is conducted …This paper aims to examine the productivity change of the Japanese economy using the data pertaining to the 47 … to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most …
Persistent link: https://www.econbiz.de/10005089062
to the monetary authority. We implement this idea using a relatively modern statistical technique, a dynamic factor index … prices in the aggregate price statistic has introduced a downward bias in the U.S. Consumer Price Index on the order of …
Persistent link: https://www.econbiz.de/10005829609
The Consumer Price Index (CPI) attempts to answer the question of how much more (or less) income does a consumer … calucation of the cost of living index. The data requirements and need to specify and estimate a demand function for a new brand …
Persistent link: https://www.econbiz.de/10005830069
estimation is an implicit price index for lottery, which can serve as a cost-of-living index for the CPI. The estimated price …
Persistent link: https://www.econbiz.de/10005830508
Index. We identify three sources of data error which are due to (i) data updating, (ii) formula revisions and (iii …
Persistent link: https://www.econbiz.de/10008756451
Entrepreneurship Quality Index (EQI) and the Regional Entrepreneurship Cohort Potential Index (RECPI). We use these indices to offer a …. Third, we find a high correlation between an index that depends only on information directly observable from business … registration records (and so can be calculated on a real-time basis) with an index that allows for a two-year lag that allows the …
Persistent link: https://www.econbiz.de/10011170267
purchases, while Bargain Hunters always pay the lowest price available, the "best price". We derive the ideal price index and …
Persistent link: https://www.econbiz.de/10011103513