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Production function estimation with multi-destination firms

Barrows, Geoffrey; Ollivier, Hélène; Reshef, Ariell - 2023

. Alternative estimation procedures yield unrealistic estimates of returns to scale, demand elasticities, or both. …

Persistent link: https://www.econbiz.de/10014384034

Nonparametric identification of production function, total factor productivity, and markup from revenue data

Kasahara, Hiroyuki; Sugita, Yoichi - 2020

Commonly used methods of production function estimation assume that a firm's output quantity can be observed as data …

Persistent link: https://www.econbiz.de/10012308513

Estimating production functions when productivity change is endogenous

Muendler, Marc-Andreas - 2004

Production function estimation with micro-data shows that a persistent unobserved variable varies within firm or plant … over time but resists treatment and may cause biases. This paper presents an estimation model of the firm under endogenous …-effects estimation and remedying commonly suspected biases. Whereas productivity change is measured consistently, scale economies are not …

Persistent link: https://www.econbiz.de/10011402611

Top of the class : the importance of ordinal rank

Murphy, Richard; Weinhardt, Felix - 2014 - This version: 10 May 2014

This paper examines the long-run impact of ordinal rank during primary school on productivity using comprehensive English administrative data. Identification is obtained from variation in test score distributions across cohorts and subjects, such that the same score relative to the class mean...

Persistent link: https://www.econbiz.de/10010358274

Productivity, price- and wage-markups : an empirical analysis of the Dutch manufacturing industry

Amoroso, Sara; Melenberg, Bertrand; Plasmans, Joseph E. J. - 2015

different estimation techniques that have been tackling the endogeneity issues concerning the simultaneity, the omitted output …

Persistent link: https://www.econbiz.de/10010496909

How efficient is the East German economy? : an exploration with micro data

Funke, Michael; Rahn, Jörg - 2000

The purpose of this paper is to evaluate the efficiency of the East German economy at the firm level using an unbalanced panel over the transition period 1994 to 1998. We adopt a translog stochastic frontier model to estimate technical efficiency in eastern and western Germany. The results...

Persistent link: https://www.econbiz.de/10009780206

Multiproduct firms, import competition and productivity

Dhyne, Emmanuel; Petrin, Amil; Smeets, Valerie; … - 2024

We study how increased import competition aﬀects the evolution of productivity in a small open economy. We use a production survey of Belgian ﬁrms where we observe quarterly ﬁrm-product data at the 8-digit level on value and quantities sold together with ﬁrm-level labor, capital, and...

Persistent link: https://www.econbiz.de/10014551807

Optimal pest control in agriculture

Christiaans, Thomas (contributor); … - 2005

Based on economic methodology we model an ecosystem with two species in predator-prey relationship: mice feed on grain and grain feeds on a resource. With optimizing behaviour of individual organisms a short-run ecosystem equilibrium is defined and characterized that depends on the farmer’s...

Persistent link: https://www.econbiz.de/10003113272

Production technologies in stochastic continuous time models

Wälde, Klaus - 2009

Properties of dynamic stochastic general equilibrium models can be revealed by either using numerical solutions or qualitative analysis. Very precise and intuition-building results are obtained by working with models which provide closed-form solutions. Closed-form solutions are known for a...

Persistent link: https://www.econbiz.de/10003897386

The internationalisation of R&D and the knowledge production function

García-Vega, María; Hofmann, Patricia; Kneller, Richard - 2012

This paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between acquisitions by MNEs from technologically leading countries and those behind the technological frontier. We show that both acquire similarly R&D intensive domestic firms, but there are...

Persistent link: https://www.econbiz.de/10009503803