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A Sequential Malmquist-Luenberger Productivity Index
Oh, Donghyun - 2009
based on the macroeconomic perspective. In order to consider this condition and to develop an alternative index, a … combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed …
Persistent link: https://www.econbiz.de/10013159334
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Aggregation in Large Dynamic Panels
Pesaran, M. Hashem - 2011
This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is potentially related to all other micro units, and where micro innovations are allowed to be cross sectionally dependent. Following Pesaran (2003), an optimal aggregate function is...
Persistent link: https://www.econbiz.de/10013129942
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An Innovation Index Based on Knowledge Capital Investment : Definition and Results for the UK Market Sector
Clayton, Tony - 2009
We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole …
Persistent link: https://www.econbiz.de/10012764658
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The Economic Growth Impact of Hurricanes : Evidence from US Coastal Counties
Strobl, Eric - 2021
destruction index that is based on a monetary loss equation, local wind speed estimates derived from a physical wind field model …
Persistent link: https://www.econbiz.de/10013325058
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The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2010
Loughrey, Jason - 2011
changes for non-subsistence expenditures thereby producing a Cost of Living Index. The Atkinson Index of Inequality produces … an inequality measure and this is combined with the Cost of Living Index to produce an overall welfare measure. This …
Persistent link: https://www.econbiz.de/10013124494
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Soda Taxes and the Prices of Sodas and Other Drinks : Evidence from Mexico
Grogger, Jeffrey - 2016
, untaxed goods that are not substitutes for the taxed drinks. I analyze data from Mexico's Consumer Price Index program, using …
Persistent link: https://www.econbiz.de/10013000062
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Estimating Who Benefits from Productivity Growth : Direct and Indirect Effects of City Manufacturing TFP Growth on Wages, Rents, and Inequality
Hornbeck, Richard - 2019
We estimate direct and indirect effects of total factor productivity growth in manufacturing on US workers' earnings, housing costs, and purchasing power. Drawing on four alternative instrumental variables, we consistently find that when a city experiences productivity gains in manufacturing,...
Persistent link: https://www.econbiz.de/10012870205
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The Pass-Through of Exchange Rate in the Context of the European Sovereign Debt Crisis
Ben Cheikh, Nidhaleddine - 2015
This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore the...
Persistent link: https://www.econbiz.de/10013012797
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Urban Wage Premia, Cost of Living, and Collective Bargaining
Belloc, Marianna - 2019
In this paper, we estimate nominal and real (in temporal and spatial terms) urban wage premia (UWP) in Italy, with its economy characterized by the interplay between collective wage bargaining and spatial heterogeneity in the cost of living. Our dataset for the 2005-2015 period includes, for...
Persistent link: https://www.econbiz.de/10012858481
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What Measure of Inflation Should a Developing Country Central Bank Target?
Anand, Rahul - 2015
improves welfare outcomes. We also compute the optimal price index, which includes a positive weight on food prices but, unlike …
Persistent link: https://www.econbiz.de/10013016274