Showing 1 - 9 of 9
More than half a century ago, visionaries representing both the Census Bureau and the external research community laid … the foundation for the Center for Economic Studies (CES) and the Research Data Center (RDC) system. They saw a clear need … meet the designers’ requirements. Research at CES and the RDCs meets the commitments of the Census Bureau (and, recently …
Persistent link: https://www.econbiz.de/10008479319
How do computers affect productivity? Many recent studies argue that using information technology, particularly … computers, is a significant source of U.S. productivity growth. The specific mechanism remains elusive. Detailed data on the use … of computers and computer networks have been scarce. Plant-level data on the use of computer networks and electronic …
Persistent link: https://www.econbiz.de/10005058669
The study seeks to explain the attrition rate of new manufacturing plants in the United States in terms of three vectors of variables. The first explains how survival of the fittest proceeds through learning by firms (plants) about their own relative efficiency. The second explains how...
Persistent link: https://www.econbiz.de/10005058674
The paper examines learning by doing in the context of a production function in which the other arguments are labor, human capital, physical capital, and vintage as a proxy for embodied technical change in physical capital. Learning is further decomposed into organization learning, capital...
Persistent link: https://www.econbiz.de/10005058791
The paper presents a dynamic programming model with multiple classes of capital goods to explain capital expenditures on existing plants over their lives. The empirical specification shows that the path of capital expenditures is explained by (a) complementarities between old and new capital...
Persistent link: https://www.econbiz.de/10005058792
The paper focuses on the impact of managerial efficiency on output. Three sources of managerial efficiency are identified: (a) superior initial managerial endowments, (b) the accumulation of managerial knowledge and skills through learning and (c) the impact of an effective market for managerial...
Persistent link: https://www.econbiz.de/10005058826
A production function is specified with human capital as a separate argument and with embodied technical change proxied by a variable that measures the average vintage of the stock of capital. The coefficients of this production function are estimated with cross section data for roughly 2,150...
Persistent link: https://www.econbiz.de/10005058855
the Census Bureau’s Longitudinal Research Database. The results show strong complementarity between physical and human … capital. Moreover, the complementarity is greater in high than in low technology industries. The results also show that … low technology industries. …
Persistent link: https://www.econbiz.de/10005058856
Recent studies argue that the use of information technology is a significant source of U.S. productivity growth …
Persistent link: https://www.econbiz.de/10005058894