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The Response of Employment to GDP Growth in Turkey : An Econometric Estimation
Akkemik, K. Ali - 2008
purpose, the response of employment, i.e. demand for labor, to the changes in GDP is modeled as an error correction model (ECM … employment. However, labor market responds to GDP changes with a delay of more than 4 periods …
Persistent link: https://www.econbiz.de/10012770586
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Analysis of Productivity Parameters of Qatar by Using Stochastic Frontier Production Function
Mohamed, Issam A.W. - 2012
Results of assessments of total labor factor productivity TFP showed improvements where it recorded higher rate of 73.5% compared to previous periods. However, that was related with constant rate of returns as compared with variable rate of return. When technical efficiency was compared with...
Persistent link: https://www.econbiz.de/10013110448
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A Spatial Autoregressive Stochastic Frontier Model for Panel Data Incorporating a Model of Technical Inefficiency
Tsukamoto, Takahiro - 2019
By integrating Battese and Coelli's (1995) model and the spatial autoregressive model (SAR), a spatial autoregressive stochastic frontier model for panel data is developed. The main feature of this frontier model is a spatial lag term of explained variables and the joint structure of a...
Persistent link: https://www.econbiz.de/10012896405
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Estimating Demand Uncertainty Using Dispersion of Team Forecasts or Distributions of Forecast Errors
Diermann, Christoph - 2016
In this paper, we compare two fundamentally different judgmental demand forecasting approaches used to estimate demand and their corresponding demand distributions. In the first approach, parameters are obtained from a linear regression and maximum likelihood estimation (MLE) based on team...
Persistent link: https://www.econbiz.de/10012991799
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Least Squares Estimation of Joint Production Functions By the Differential Evolution Method of Global Optimization
Mishra, Sudhanshu K. - 2007
In the economics of joint production one often distinguishes between the two cases: the one in which a firm produces multiple products each produced under separate production process, and the other "true joint production" where a number of outputs are produced from a single production process,...
Persistent link: https://www.econbiz.de/10014048371
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A Spatial Autoregressive Stochastic Frontier Model for Panel Data Incorporating a Model of Technical Inefficiency
Tsukamoto, Takahiro - 2018
By integrating Battese and Coelli’s (1995) model and the spatial autoregressive model (SAR), a spatial autoregressive stochastic frontier model for panel data is developed. The main feature of this frontier model is a spatial lag term of explained variables and the joint structure of a...
Persistent link: https://www.econbiz.de/10014116814
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Measurement Error and Time Aggregation : A Closer Look at Estimates of Output-Labor Elasticities
Estevão, Marcello M. - 1998
employment and to average hours of work. The main goal is to get accurate estimates of production function parameters. Low … estimate of the elasticity with respect to average hours (employment). Estimations of these elasticities at different data … output with respect to employment is bigger than the elasticity of output with respect to average hours, as theory predicts …
Persistent link: https://www.econbiz.de/10014084107
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Estimating UK Capital Adjustment Costs
Groth, Charlotta - 2005
This paper estimates UK capital adjustment costs, using a data set for 34 industries spanning the whole UK economy for the period 1970-2000. The results show that it is costly to install new capital, and that it has been more costly to adjust the level of non-ICT capital (plant, machinery,...
Persistent link: https://www.econbiz.de/10014061915
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Labour productivity analysis of manufacturing sector in Turkey against EU
Balkan, Dursun; Akyuz, Goknur Arzu - In: Journal of business economics and management 24 (2023) 2, pp. 245-273
This study offers an in-depth analysis of labour productivity of manufacturing sector in Turkey and provides a comparison with EU27 and EA19 countries utilizing Eurostat time series data of 63 quarters covering 2005/first quarter-2020/third quarter time interval. Productivity trends are...
Persistent link: https://www.econbiz.de/10014330720
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Uncovering the Hidden Costs of Offshoring : The Interplay of Complexity, Organizational Design, and Experience
Larsen, Marcus M.; Manning, Stephan; Pedersen, Torben - 2012
This study investigates estimation errors due to hidden costs — the costs of implementation that are neglected in strategic decision-making processes — in the context of services offshoring. Based on data from the Offshoring Research Network, we find that decision makers are more likely to...
Persistent link: https://www.econbiz.de/10014040186