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Factor Adjustment, Quality Change, and Productivity Growth for U.S. Manufacturing
Bernstein, Jeffrey I. - 1999
This paper accounts for quality improvements and adjustment costs in all inputs to U.S. manufacturing production. Adjustment processes for non-capital inputs are slower than previously recognized. Annual adjustment percentages are: labor 77, capital 30, energy 20, and materials 21. Factor prices...
Persistent link: https://www.econbiz.de/10012471934
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Public R&D Policies and Cost Behavior of the US Manufacturing Industries
Mamuneas, Theofanis P. - 1995
policies in promoting growth of output and privately funded R&D investment in US manufacturing industries. Publicly financed R …
Persistent link: https://www.econbiz.de/10012473830
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The Effects of Public Infrastructure and R&D Capital on the Cost Structure and Performance of U.S. Manufacturing Industries
Nadiri, M. Ishaq - 1991
structure and productivity performance of twelve two-digit U.S. manufacturing industries. The results suggest that there are … significant productive effects from these two types of capital. Their effects on the cost structure vary across industries and … each industry and estimate the 'social' rates of return to these capitals for the industries in their sample …
Persistent link: https://www.econbiz.de/10012475102