Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10002781697
Dating to the classic works of Alonso, Mills, and Muth, the production function for housing has played a central role in urban economics and local public finance. This paper provides a new flexible approach for estimating the housing production function which treats housing quantities and prices...
Persistent link: https://www.econbiz.de/10012975632
This paper develops a new method for identifying and estimating production functions with partially latent inputs. Such data structures arise naturally when data are collected using an “input-based sampling” strategy, e.g., if the sampling unit is one of multiple labor input factors. We show...
Persistent link: https://www.econbiz.de/10013235017
This paper develops a new method for identifying and estimating production functions with partially latent inputs. Such data structures arise naturally when data are collected using an ``input-based sampling" strategy, e.g., if the sampling unit is one of multiple labor input factors. We show...
Persistent link: https://www.econbiz.de/10013235374
Persistent link: https://www.econbiz.de/10013206039
Persistent link: https://www.econbiz.de/10012196493
We develop a new dynamic general equilibrium model to explain firm entry, exit, and relocation decisions in an urban economy with multiple locations and agglomeration externalities. We characterize the stationary distribution of firms that arises in equilibrium. We estimate the parameters of the...
Persistent link: https://www.econbiz.de/10010585877