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This article tests the effects of Oscar awards on the production of feature films. Time series data for Spain over the 1953-2014 period are used and a production function is estimated assuming that the Oscar effects accrue through the total factor productivity. A lag structure is introduced...
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The manufacturing industry plays a key role in ensuring long-term and sustainable economic development. Although the impact of the service and information technology sectors on economic growth has increased recently, reindustrialization trends have appeared especially in developing and...
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We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output as a latent variable and relies on the first-order condition for profit maximisation with respect to non-land inputs by competitive house builders. For parcels of a given size,...
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