Showing 1 - 10 of 859
This paper seeks to explain the U-shaped relationship between farm productivity and farm scale - the initial fall in … productivity as farm size increases from its lowest levels and the continuous upward trajectory as scale increases after a …
Persistent link: https://www.econbiz.de/10012946022
, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this …
Persistent link: https://www.econbiz.de/10012769644
We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure … monopoly power influences public capital's productivity effect. We test the model using state-level panel data. We confirm the … potentially important indirect channels by which public capital affects manufacturing productivity …
Persistent link: https://www.econbiz.de/10013222910
measured total factor productivity. Over longer horizons. on the other hand, it is the activity level of suppliers that is more …
Persistent link: https://www.econbiz.de/10013225827
This paper presents the results of a study of the determinants of research productivity in the pharmaceutical industry … spillovers between firms may playa major role in increasing research productivity. The paper also speaks directly to the question …
Persistent link: https://www.econbiz.de/10013239955
and capital are important for explaining procyclical productivity. Here I present two simple and direct tests of these …
Persistent link: https://www.econbiz.de/10013249227
This paper aims to examine the productivity change of the Japanese economy using the data pertaining to the 47 … prefectures during the period 1981-2000. The decomposition analysis of the Hicks-Moorsteen-Bjurek productivity index is conducted … to explore the sources of the productivity change. In summary, technical change and efficiency change are two of the most …
Persistent link: https://www.econbiz.de/10013249572
In this paper, we derive and estimate relationships governing variable utilization of capital and labor for a firm solving a dynamic cost-minimization problem. Our method allows for (i) imperfect competition, (ii) increasing returns to scale, (iii) unobserved changes in utilization, (iv)...
Persistent link: https://www.econbiz.de/10013244741
We examine two sets of economies, (19th century U.S. states and 20th century less developed countries) where growth rates are positively correlated with initial levels of development to document how these dynamic increasing returns operate. We find that open economies do not display a positive...
Persistent link: https://www.econbiz.de/10013124835
We develop a structural gravity model that introduces scale effects in bilateral trade. Scale effects and incomplete passthrough give two channels through which exchange rates have real effects on trade patterns. Estimates from Canadian provincial trade data identify these effects through their...
Persistent link: https://www.econbiz.de/10013086673