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The aim of this paper is to examine the goodness-of-fit of several aggregated production functions including the Cobb …-mentioned aggregate production functions fitted the data exceptionally well, with the adjusted coefficients of determination above 0 …
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Das Buch untersucht die Rolle der Bundesrepublik Deutschland im Rahmen eines integrierten Europas. Der erste Teil des Buches beschäftigt sich mit den wirtschaftlichen und politischen Potentialen Deutschlands sowie mit den politischen Aktivitäten, mit denen versucht wird, die sozialen Problem...
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We study the properties of the IMF-WEO estimates of real-time output gaps for countries in the euro area as well as the determinants of their revisions over 1994-2017. The analysis shows that staff typically saw economies as operating below their potential. In real time, output gaps tend to have...
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duality of production theory is applied. Estimating the system of cost share equations derived from a translog cost function …
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The focus of this study is on regional knowledge production activities in Europe, with special emphasis on the … the recent past, regional knowledge production activities, on the one hand, still remain geographically bounded; on the … other hand, knowledge production activities have become increasingly interwoven and internationalized, emphasizing the …
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