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Many recent studies exploring conditional factor demand or factor substitution issues use firm level panel data. A considerable number of establishment panels contains no direct information on the capital input, necessary for production or cost function estimation. Incorrect measurement of...
Persistent link: https://www.econbiz.de/10009746178
In order to assess the productivity effects of information and communication technologies (ICT), regressions based on cross-sectional firm-level data may yield unreliable results for the commonly employed production function framework. In this paper, various estimation biases and econometric...
Persistent link: https://www.econbiz.de/10014111228
We investigate productivity and cost pass-through of German manufacturing firms using administrative data from 2001 to 2014. Our framework allows for the estimation of quantity-based production functions for multi-product firms while controlling for unobserved productivity shocks and unobserved...
Persistent link: https://www.econbiz.de/10012385375
Organisation capital is one of the key intangible assets of firms, driving innovation and firm performance. Measuring this asset has been notoriously difficult, however. Differently to other intangible assets, firms do not build up organisation capital primarily by monetary investment but rather...
Persistent link: https://www.econbiz.de/10012215284
Gegenstand des Artikels ist die Schätzung einer Translog-Produktionsfunktion, die die Auswirkungen der Bevölkerungsentwicklung auf die Produktion heute und im Jahr 2020 betrachtet. Die Ergebnisse deuten auf eine Entwicklung hin, die zu steigenden Disparitäten führt. Schon heute ist ein...
Persistent link: https://www.econbiz.de/10003849368
I study the causal effect of the European Union Emissions Trading System (EU ETS) on the productivity of German manufacturing firms. Using administrative firm-level data, I estimate robust production functions for narrowly defined industries. This approach allows for an endogenous dynamic...
Persistent link: https://www.econbiz.de/10011543592
This study applies stochastic frontier analytic techniques in the estimation of sporting production functions. As ex ante input factors, we use pre-seasonal estimates of wage bills of players and coaches that are transformed during the production process of a season into ex post pecuniary...
Persistent link: https://www.econbiz.de/10001904596
This article uses panel data estimation techniques to examine technical efficiency of individual dairy farms in northern Germany. To the extent that agricultural production is characterised by heterogeneous production conditions, estimation techniques that do not account for unobserved...
Persistent link: https://www.econbiz.de/10012750191
We study the importance of intangible capital (R&D, software, patents) for the measurement of productivity using firm-level panel data from German manufacturing. We first document a number of facts on the evolution of intangible investment over time, and its distribution across firms. Aggregate...
Persistent link: https://www.econbiz.de/10012156981
This study applies stochastic frontier analytic techniques in the estimation of sporting production functions. As ex ante input factors, we use pre-seasonal estimates of wage bills of players and coaches that are transformed during the production process of a season into ex post pecuniary...
Persistent link: https://www.econbiz.de/10014031193