Similar Search Results

Forecasting aggregate productivity using information from firm-level data

Bartelsman, Eric J.; Wolf, Zoltán - 2009

This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...

Persistent link: https://www.econbiz.de/10011378362

On the practice of Bayesian inference in basic economic time series models using Gibbs sampling

Pooter, Michiel de; Segers, Rene; Dijk, Herman K. van - 2006

Several lessons learned from a Bayesian analysis of basic economic time series models by means of the Gibbs sampling algorithm are presented. Models include the Cochrane-Orcutt model for serial correlation, the Koyck distributed lag model, the Unit Root model, the Instrumental Variables model...

Persistent link: https://www.econbiz.de/10011349180

Parallelization experience with four canonical econometric models using ParMitISEM

Basturk, Nalan; Grassi, Stefano; Hoogerheide, Lennart; … - 2016

This paper presents the parallel computing implementation of the MitISEM algorithm, labeled Parallel MitISEM. The basic MitISEM algorithm, introduced by Hoogerheide, Opschoor and Van Dijk (2012), provides an automatic and flexible method to approximate a non-elliptical target density using...

Persistent link: https://www.econbiz.de/10011441581

Labor market imperfections, markups and productivity in multinationals and exporters

Dobbelaere, Sabien; Kiyota, Kōzō - 2017

This paper examines the links between the internationalization mode of firms and market imperfections in product and labor markets. We develop a framework for modelling heterogeneity across firms in terms of (i) product market power (price-cost markups), (ii) labor market imperfections (workers'...

Persistent link: https://www.econbiz.de/10011772937

Materials, capital, direct/indirect substitution and mass balance production functions

Bergh, Jeroen C. J. M. van den - 1998

A foundation is provided for a correct and accurate analysis of the relationship between monetary values and physical dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a classification is offered of various types of...

Persistent link: https://www.econbiz.de/10011284067

Models as measuring instruments

Rodenburg, Peter - 2004

Nancy Cartwright views models as blueprints for nomological machines - machines which, if properly shielded, generate lawlike behaviour or regularities. Marcel Boumans has argued that we can look for devices inside models which enable us to measure aspects of these regularities. So, if models do...

Persistent link: https://www.econbiz.de/10011337991

Dynamic efficiency of product market competition

Hinloopen, Jeroen; Vandekerckhove, Jan - 2007

We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest …

Persistent link: https://www.econbiz.de/10011373823

Mean and bold?

De Witte, Kristof; Dijkgraaf, Elbert - 2007

association started with a voluntary benchmarking aimed to increase the efficiency and effectiveness of the sector. Secondly … efficiency of these two evolutions. In particular, we adapt Free Disposal Hull (FDH) to estimate robust and conditional non …-oriented efficiency estimates. Parametric COLS (Fourier) tests show the robustness of the model with respect to the specification and its …

Persistent link: https://www.econbiz.de/10011373828

Efficiency effects of unit-based pricing systems and institutional choices of waste collection

Dijkgraaf, Elbert; Gradus, Raymond - 2014

Much attention has been paid to the influence of the institutional form of waste collection on costs. We extend this literature in three directions by including the unit-based pricing system. First, we show that unit-based pricing systems are more important from a cost-minimizing point of view...

Persistent link: https://www.econbiz.de/10010226974

If winning isn't everything, why do they keep score? : a structural empirical analysis of Dutch flower auctions

Berg, Gerard J. van den; Klaauw, Bas van der - 2007

This paper provides a structural empirical analysis of Dutch auctions of houseplants at the flower auction in Aalsmeer, the Netherlands. The data set is unique for Dutch auctions in the sense that it includes observations of all losing bids in an interval adjacent to the winning bid. The size of...

Persistent link: https://www.econbiz.de/10011372506

1
2
3
4
5
6
7
8
9
10
Next
Last