Showing 1 - 10 of 1,188
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/10012428917
-augmenting technical change on relative and absolute factor prices can be decomposed into a productivity effect and a task-demand effect of …
Persistent link: https://www.econbiz.de/10012229238
Using a unique plant-level dataset we examine total factor productivity (TFP) growth and its components, related to …
Persistent link: https://www.econbiz.de/10011906240
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
We develop a procedure to estimate production functions, elasticities of demand, and productivity when firms …
Persistent link: https://www.econbiz.de/10014384034
function, total factor productivity, price markups over marginal costs, output prices, output quantities, a demand system, and …
Persistent link: https://www.econbiz.de/10012308513
This paper develops a two-country, dynamic general equilibrium model with innovation contests to study the impact of globalization on the skill premium and fully-endogenous growth. Higher quality products are endogenously discovered through stochastic and sequential global innovation contests in...
Persistent link: https://www.econbiz.de/10013494330
We consider firms' choices between a clean technology that benefits, and a dirty technology that harms, the environment. Green firms are more suited to the clean, and brown firms are more suited to the dirty technology. We use a model derived from complexity theory that takes account of true...
Persistent link: https://www.econbiz.de/10014463535
I estimate CES aggregate production functions for the US, the UK, Japan, Germany, and Spain using data from the EU KLEMS database. I distinguish between three types of capital: information and communication technologies (ICT), intellectual property (IP) capital, and traditional capital. I assume...
Persistent link: https://www.econbiz.de/10013390934
of total factor productivity (TFP) - and equivalently of real per capita income or welfare - as a smaller fraction of … more input varieties available, the average productivity of firms is lower as greater market size protects inefficient …
Persistent link: https://www.econbiz.de/10011375682