Showing 1 - 10 of 321
particular reference to the issues of substitution bias and choice of aggregation dimensions. The potential costs and benefits of ….An Australian scanner data set is used to estimate substitution bias for six different aggregation methods and for fixed base and … sensitive to both the method of aggregation used and whether direct or chained indexes were used. The ILO (2004) recommends the …
Persistent link: https://www.econbiz.de/10009484217
In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We have used a general equilibrium model in order to study how reducing mark-ups and increasing productivity in one sector affect aggregate unemployment for an exogenously given...
Persistent link: https://www.econbiz.de/10009476214
Firm panel data sets over the period 1993 to 2002 are used to estimate translog production functions with labour, capital and material inputs for 9 Spanish food industries. To tackle the endogeneity of the regressors, the generalized method of moments estimations is employed. The specification...
Persistent link: https://www.econbiz.de/10009443890
There has been considerable recent interest in the valuation of ecosystem services. We focus here on the value of such services in the production of market goods. Although the conceptual basis for conducting such exercises is straightforward, the data with which to implement them empirically is...
Persistent link: https://www.econbiz.de/10009445437
The objective of this work was to estimate and to analyze the elasticity ofsubstitution between Brazil, the USA and Argentina in the soybeans exports in theselected importers markets. This fact is important, considering that, it increases theintegration of the world economies, placing in...
Persistent link: https://www.econbiz.de/10009445881
The production structure of the lumber manufacturing sector in western Washington was investigated using a translog cost function with capital, labor, and sawlog inputs. Analyses were performed with a panel data set of biennial observations from 1972 to 2002 on a cross section of sixteen western...
Persistent link: https://www.econbiz.de/10009429426
We estimate the elasticity of substitution using two different production functions. The usual Constant Elasticity of Substitution (CES) production function and a Box-Cox production function for Japan (1890-1991), UK (1870-1991), and US (1890-1992; 1929-2000). The main results are that we find the...
Persistent link: https://www.econbiz.de/10009431206
Model induction from relational data requires aggregation of values ofattributes of related entities. This paper makes … needed to learn these concepts. (2) Expanding onelevel of the hierarchy, it introduces new aggregation operators thatmodel … byclass. (3) It demonstrates empirically on a noisy business domain thatmore-complex aggregation methods can increase …
Persistent link: https://www.econbiz.de/10009435047
This paper explores the differences that can exist between individual and aggregate loss guarantees in an environment where guarantees are only provided at an aggregate level. The focus is on understanding which traffic parameters are responsible for inducing possible deviations and to what...
Persistent link: https://www.econbiz.de/10009439223
still remains significant at high levels of aggregation. Because the bias rises with disaggregation, findings of …
Persistent link: https://www.econbiz.de/10009444189