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We introduce a new methodology for estimating multi-product production functions. It embeds the seminal contributions of Diewert (1973) and Lau (1976) in our extended version of the semi-parametric econometric framework of Olley and Pakes (1996), where we address the simultaneity of inputs and...
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This book presents a complete summary of the major results in duality theory pioneered by Ronald W. Shephard. Building … applications of duality theory to economic problems. These include efficiency measurement, index number theory, shadow pricing …
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We study how increased import competition affects the evolution of productivity in a small open economy. We use a production survey of Belgian firms where we observe quarterly firm-product data at the 8-digit level on value and quantities sold together with firm-level labor, capital, and...
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The relationship between land use and biodiversity is important to understand the decision support systems in order to attain sustainability. Nowadays, land use and biodiversity management is focused on protected areas, discarding other habitats, tending to favor exclusive property rights over...
Persistent link: https://www.econbiz.de/10011475811