Showing 31 - 40 of 25,501
This paper empirically investigates the implications of the imposition of convexity in output prices and concavity in factor endowments on flexible functional forms for the GNP function. Using macroeconomic data for Switzerland, we estimate the Translog and the Symmetric Normalized Quadratic...
Persistent link: https://www.econbiz.de/10010776438
This paper analyses the TFP heterogeneity of a sample of manufacturing firms operating in seven EU countries (Austria, France, Germany, Hungary, Italy, Spain and UK). TFP data refer to 2008. The empirical setting is based on the multilevel modelling which provides two main results. Firstly, we...
Persistent link: https://www.econbiz.de/10011108127
A partir d'une description detaillee du deroulement concret des activites bord a quai, sur un terminal a conteneurs, des outils econometriques simples sont mis en oeuvre pour elucider les relations fonctionnelles entre les facteurs de production. La robustesse du modele de production propose est...
Persistent link: https://www.econbiz.de/10005479080
In this paper, we study estimation of fixed and random effects nonparametric panel data models using penalized splines and its mixed model variant. We define a "within" and a "dummy variable" estimator and show their equivalence which can be used as an argument for consistency of the dummy...
Persistent link: https://www.econbiz.de/10009371697
In the case of input demand systems based on specification of technology by a Translog cost function, it is common to estimate either a system of share equations alone, or to supplement them by the cost function. By adding up, one of the share equations is excluded. In this paper it is argued...
Persistent link: https://www.econbiz.de/10004965211
This paper is concerned with measuring and influencing the direction of technological change. First, it provides a comprehensive assessment of the factor bias of technological change using panel data from the World Input-Output Database (WIOD) for 25 EU countries from 1995 to 2009. We measure...
Persistent link: https://www.econbiz.de/10011411069
This paper examines empirically some of the reasons why Japanese manufacturing firms frequently fail to satisfy concavity conditions of the cost function. We focus on the 'bubble period' in the 1980s when land was in great demand for reasons related to both production and speculation, and land...
Persistent link: https://www.econbiz.de/10010332199
Economies of scale and scope are typically modelled and estimated using cost functions that are common to all firms in an industry irrespective of whether they specialize in a single output or produce multiple outputs. We suggest an alternative flexible technology model that does not make this...
Persistent link: https://www.econbiz.de/10010312125
This paper is concerned with measuring and influencing the direction of technological change. First, it provides a comprehensive assessment of the factor bias of technological change using panel data from the World Input-Output Database (WIOD) for 25 EU countries from 1995 to 2009. We measure...
Persistent link: https://www.econbiz.de/10011340224
Economies of scale and scope are typically modelled and estimated using cost functions that are common to all firms in an industry irrespective of whether they specialize in a single output or produce multiple outputs. We suggest an alternative flexible technology model that does not make this...
Persistent link: https://www.econbiz.de/10010877588