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Materials, Capital, Direct/Indirect Substitution and Mass Balance Production Functions
van den Bergh, Jeroen C.J.M. - 1998
dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a … classification is offered of various types of substitutability and complementarity relationships between production factors. It is … argued that the neoclassical production function may be consistent with mass balance, but is unsuitable for a detailed and …
Persistent link: https://www.econbiz.de/10010324469
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Materials, capital, direct/indirect substitution and mass balance production functions
Bergh, Jeroen C. J. M. van den - 1998
dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a … classification is offered of various types of substitutability and complementarity relationships between production factors. It is … argued that the neoclassical production function may be consistent with mass balance, but is unsuitable for a detailed and …
Persistent link: https://www.econbiz.de/10011284067
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Productivity Functions: The Search for Identification.
Griliches, Z.; Mairesse, J. - Harvard Institute of Economic Research (HIER), … - 1995
Persistent link: https://www.econbiz.de/10005245662
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The Tenure, Income, Consumption and Nutrition Effects of Agricultural Commercialization: A Philippine Case Study.
Bouis, H.; Haddad, L. - Department of Economics, University of Warwick - 1989
Persistent link: https://www.econbiz.de/10005207699
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Common and Idiosyncratic Components in Real Output; Further International Evidence
Simone, Francisco Nadal-De - International Monetary Fund (IMF) - 2002
This paper uses the classical (level) definition of business cycles to analyze the characteristics-duration, amplitude, steepness, and cumulative output movements-of the real GDP series of France, Germany, Italy, the rest of the euro area, and the United States. An index of concordance and its...
Persistent link: https://www.econbiz.de/10005263734
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Sources of Inflation in Sub-Saharan Africa
Peiris, Shanaka J.; Barnichon, Régis - International Monetary Fund (IMF) - 2007
vectors for the production function and the real money demand function to recover the structural output and money gaps for …
Persistent link: https://www.econbiz.de/10005263752
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A Multivariate Filter for Measuring Potential Output and the NAIRU Application to the Czech Republic
Benes, Jaromir; Papa M'B. P. N'Diaye - International Monetary Fund (IMF) - 2004
This paper presents a multivariate (MV) methodology for obtaining measures of excess demand that can facilitate discussion of monetary policy issues and improve policy decisions. Using data for the Czech Republic, a growing economy undergoing major structural change, it shows how the use of more...
Persistent link: https://www.econbiz.de/10005264226
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Endogeneous Growth, Human Capital and Bequests in a Life-Cycle Model.
Caballe, J. - Departament d'Economia i Història Econòmica, … - 1991
Persistent link: https://www.econbiz.de/10005823924
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How Different is the Cyclical Behavior of Home Production Across Countries?
Kose, M. Ayhan; Blankenau, William - International Monetary Fund (IMF) - 2006
This paper studies stylized business cycle properties of household production in four industrialized countries (Canada … household production sector. We use the model to generate data on home output, hours worked in the home sector, and hours spent … variables are generally less persistent than market variables, and cross-country correlations related to home production tend to …
Persistent link: https://www.econbiz.de/10005825641
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Economic Integration, Sectoral Diversification, and Exchange Rate Policy in a Developing Economy
Srour, Gabriel - International Monetary Fund (IMF) - 2004
The paper develops a simple three-sector model of a developing country with nominal wage rigidity, in which one sector is thought of as the primary sector and the other two are sectors in which the country can diversify. The paper then analyzes the relationship between the market structure of...
Persistent link: https://www.econbiz.de/10005825986