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On the Elasticity of Substitution between Labor and ICT and IP Capital and Traditional Capital
Jerbashian, Vahagn - 2022
for all sample countries implying gross complementarity. ICT and IP capital together are gross substitutes for labor while …
Persistent link: https://www.econbiz.de/10014243755
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Deep Dynamics
Gottfries, Nils; Mickelsson, Glenn; Stadin, Karolina - 2021
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...
Persistent link: https://www.econbiz.de/10012493019
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Production Function Estimation with Multi-Destination Firms
Barrows, Geoffrey; Ollivier, Hélène; Reshef, Ariell - 2023
We develop a procedure to estimate production functions, elasticities of demand, and productivity when firms …
Persistent link: https://www.econbiz.de/10014469691
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Nonparametric Identification of Production Function, Total Factor Productivity, and Markup from Revenue Data
Kasahara, Hiroyuki; Sugita, Yoichi - 2021
function, total factor productivity, price markups over marginal costs, output prices, output quantities, a demand system, and …
Persistent link: https://www.econbiz.de/10013315013
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Techies and Firm Level Productivity
Harrigan, James; Reshef, Ariell; Toubal, Farid - 2023
We study the impact of techies—engineers and other technically trained workers—on firm-level productivity. We first …-neutral productivity in both manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this … of techies on productivity operates mostly through ICT and other techies, not R&D workers. Engineers have a greater …
Persistent link: https://www.econbiz.de/10014348039
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The Diffusion of Technological Progress in ICT
Elstner, Steffen; Grimme, Christian; Kecht, Valentin; … - 2021
productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
Persistent link: https://www.econbiz.de/10013314751
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Sharing budgetary austerity under free mobility and asymmetric information : an optimal regulation approach to fiscal federalism
Breuille, Marie-Laure; Gary-Bobo, Robert J. - 2005
In the present article, Tiebout meets Laffont and Tirole in the land of Fiscal Federalism. We use a non-trivial Principal-Multi-Agent model to characterize the optimal intergovernmental grant schedule, when the cost of local public goods depends on hidden characteristics and actions of local...
Persistent link: https://www.econbiz.de/10010261345
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The Impact of Taxation on International Assignment Decisions - A Principal-Agent Approach
Martini, Jan Thomas; Niemann, Rainer - 2013
In many industries like management consulting, IT consulting, or construction highly qualified employees, i.e., experts or executive managers, have to be assigned to temporary projects. In firms with many employees and various different projects, this assignment decision involves a complex...
Persistent link: https://www.econbiz.de/10010317007
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Why to Invest in your Neighbor? Social Contract on Educational Investment
Poutvaara, Panu; Kanniainen, Vesa - 1999
conditions are surprisingly mild: positive externalities in education and complementarity in production between human capital and …
Persistent link: https://www.econbiz.de/10010314941
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A Theory of Health Investment under Competing Mortality Risks
Chang, Fwu-Ranq - 2002
In this paper we present a theory of health investment when there are multiple causes of death. Since there are several risks "competing" for one's life, the health investments in avoiding different causes of death are not independent in general. We analyze the optimal investment rules and the...
Persistent link: https://www.econbiz.de/10010315404