We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output … production function for housing is reasonably well, though not perfectly, approximated by a Cobb-Douglas function and close to … estimation concerns, we estimate an elasticity of housing production with respect to non-land inputs of about 0.80. …

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 … analysis, namely in the form of a combination of an empirically relevant knowledge production function for open economies …

micro studies turns out to be inconsistent with macro studies that are based on CES production functions. We propose a micro … foundation for the CES production function that allows for changes in the underlying structure. We adapt the macro model by …

This paper develops a new method for estimating production-function parameters that can be applied in differentiated …

We evaluate the determinants of matching efficiency changes through a stochastic Cobb- Douglas production frontier …

two other approaches that rely on standard micro production data only: the productivity approach for which estimates of …

. Stochastic production frontier approach is used to simultaneously estimate the production function and the determinants of …