Similar Search Results

A conceptual note on the aggregation of international prices using index numbers

Benedictow, Andreas; Boug, Pål - Statistisk Sentralbyrå, Government of Norway - 2011

Aggregation of international prices in empirical work is generally based on well known index number formulas. However …

Persistent link: https://www.econbiz.de/10009493365

Aggregate Industry Behaviour in a Monopolistic Competition Model with Heterogeneous Firms

Holmøy, Erling - Statistisk Sentralbyrå, Government of Norway - 2003

The paper analyses how a tractable representation of productivity heterogeneity among firms modifies the standard Dixit-Stiglitz (DS) model of monopolistic competition. The properties of the asymmetric model are explored by comparative statics analysis. The equilibrium adjustments of industry...

Persistent link: https://www.econbiz.de/10004980530

Aggregate Productivity and Heterogeneous Firms

Holmøy, Erling; Hægeland, Torbjørn - Statistisk Sentralbyrå, Government of Norway - 2000

It is an established fact that firms, even within narrowly defined industries, differ with respect to productivity. In this paper we analyse how observed heterogeneity in productivity is affected by endogenous producer behaviour, and to what extent shifts in firm specific productivity parameters...

Persistent link: https://www.econbiz.de/10004980555

Measuring and Decomposing Capital Stock and Service Values: Should Capital Quality be given a Place?

Biørn, Erik - Statistisk Sentralbyrå, Government of Norway - 2007

Aggregation of tangible capital assets across vintages and decomposition of value aggregates into quantities and prices …

Persistent link: https://www.econbiz.de/10004980688

Aggregation when Markets do not Clear

Andreassen, Leif - Statistisk Sentralbyrå, Government of Norway - 1995

This paper presents a method for aggregation across markets in a Non-Walrasian model, focusing mainly on labor markets …

Persistent link: https://www.econbiz.de/10004980689

Aggregation with price variation and heterogeneity across consumers

Halvorsen, Bente; Larsen, Bodil M. - Statistisk Sentralbyrå, Government of Norway - 2006

In the aggregation literature, prices and price and income derivatives are often assumed not to vary across consumers … and income changes. In this paper we develop and illustrate a framework for consistent aggregation over consumers within … across consumers. We show how the frameworks previously discussed in the literature on aggregation of an AIDS model may be …

Persistent link: https://www.econbiz.de/10004980777

Aggregate Productivity Effects of Technology Shocks in a Model of Heterogeneous Firms: The Importance of Equilibrium Adjustments

Holmøy, Erling; Hægeland, Torbjørn - Statistisk Sentralbyrå, Government of Norway - 1997

This paper studies how productivity shifts at the level of the firm are transmitted to aggregate industry productivity in a model of heterogeneous firms. We analyse both uniform productivity shifts, and catching up by reducing the productivity differentials between firms. The two kinds of shifts...

Persistent link: https://www.econbiz.de/10004980781

A State Space Approach for Estimating VAR Models for Panel Data with Latent Dynamic Components

Raknerud, Arvid - Statistisk Sentralbyrå, Government of Norway - 2001

The econometric literature offers various modeling approaches for analyzing micro data in combination with time series of aggregate data. This paper discusses the estimation of a VAR model that allows unobserved heterogeneity across observation unit, as well as unobserved time-specific...

Persistent link: https://www.econbiz.de/10004980841

The Norwegian productivity puzzle – not so puzzling after all?

Brasch, Thomas von - Statistisk Sentralbyrå, Government of Norway - 2015

The Norwegian productivity puzzle is rooted in three seemingly contradictory “facts”: First, Norway is one of the most productive OECD countries. Second, Norway has experienced high growth in productivity. Third, Norway has a relatively low level of R&D intensity. In this article, I show...

Persistent link: https://www.econbiz.de/10011165633