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The production function for housing : evidence from France
Combes, Pierre-Philippe; Duranton, Gilles; Gobillon, Laurent - 2016
We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output as a latent variable and relies on the first-order condition for profit maximisation with respect to non-land inputs by competitive house builders. For parcels of a given size,...
Persistent link: https://www.econbiz.de/10011581668
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The matching efficiency of regional labour markets : a stochastic production frontier estimation, France 1990-1995
Ibourk, Aomar; Maillard, Benédicte; Perelman, Sergio; … - 2001
We evaluate the determinants of matching efficiency changes through a stochastic Cobb- Douglas production frontier model extended to allow the efficiency coefficient to depend on variables meant to capture workers and firms characteristics. We apply this methodology to examine regional...
Persistent link: https://www.econbiz.de/10011403112
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Intangible investment and technical efficiency : the case of software-intensive manufacturing firms in Turkey
Findik, Derya; Tansel, Aysıt - 2015
This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component. Stochastic production frontier approach is used to simultaneously estimate the production function and the determinants of technical efficiency in the software intensive...
Persistent link: https://www.econbiz.de/10011309152
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Integrated macroeconomic production function for open economies : a new Schumpeterian Solow model for globalization
Welfens, Paul J. J. - 2016
The macroeconomic production function is a traditional key element of modern macroeconomics, as is the more recent knowledge production function which explains knowledge/patents by certain input factors such as research, foreign direct investment or international technology spillovers. This...
Persistent link: https://www.econbiz.de/10011452235
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The three i's of public schools : irrelevant inputs, insufficient resources and inefficiency
Henderson, Daniel J.; Simar, Léopold; Wang, Le - 2016
We examine the educational production function and efficiency of public school districts in Illinois. Using nonparametric kernel methods, we find that most traditional schooling inputs are irrelevant in determining test scores (even in a very general setting). Property tax caps are the only...
Persistent link: https://www.econbiz.de/10011517673
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Distance to the efficiency frontier and FDI spillovers
Sabirianova Peter, Klara (contributor);  … - 2004 - [Elektronische Ressource]
and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the … change from 1995-1997 to 1998-2000. However, the distance to the frontier is orders of magnitude greater in Russia than in …, in the Czech Republic this negative spilloverʺ effect is diminished over time, whereas in Russia it continues to cause …
Persistent link: https://www.econbiz.de/10002452319
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Performance pay and enterprise productivity : the details matter
Kato, Takao; Kauhanen, Antti - 2018
Much of the empirical literature on PRP (Performance Related Pay) focuses on a question of whether the firm can increase firm performance in general and enterprise productivity in particular by introducing PRP and if so, how much. However, not all PRP programs are created equal and PRP programs...
Persistent link: https://www.econbiz.de/10011859633
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Comparing micro-evidence on rent sharing from three different approaches
Dobbelaere, Sabien; Mairesse, Jacques - 2015
Empirical labor economists have resorted to estimating the responsiveness of workers' wages on firms' ability to pay to assess the extent to which employers share rents with their employees. This paper compares this labor economics approach with two other approaches that rely on standard micro...
Persistent link: https://www.econbiz.de/10011283105
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Econometric mediation analyses : identifying the sources of treatment effects from experimentally estimated production technologies with unmeasured and mismeasured inputs
Heckman, James J.; Pinto, Rodrigo - 2013
This paper presents an econometric mediation analysis. It considers identification of production functions and the sources of output effects (treatment effects) from experimental interventions when some inputs are mismeasured and others are entirely omitted.
Persistent link: https://www.econbiz.de/10009787343
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The relationship between economic growth and democracy : alternative representations of technological change
Heshmati, Almas; Kim, Nam-Seok - 2017
This study investigates the relationship between economic growth and democracy by estimating a nation's production function specified as static and dynamic models using panel data. In estimating the production function, it applies a single time trend, multiple time trends and the general index...
Persistent link: https://www.econbiz.de/10011704213