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Decomposing Bjurek Productivity Indexes into Explanatory Factors

Diewert, W. Erwin - 2014

Caves, Christensen, Diewert introduced Malmquist output, input and productivity indexes into production theory in a …

Persistent link: https://www.econbiz.de/10013051762

King, Philip - 2014

In the wake of the financial crisis output fell dramatically while inflation remained above its target and productivity collapsed relative to its previous trend. The fall in productivity relative to trend was particularly pronounced within the service sector, and then most particularly in...

Persistent link: https://www.econbiz.de/10013053907

Capital Heterogeneity as a Source of Comparative Advantage : Putty-Clay Technology in a Ricardian Model

Ishise, Hirokazu - 2015

cost, describes a sorting situation in which the most productive production units (which are generally newer vintage …

Persistent link: https://www.econbiz.de/10013020532

At Last, a Coherent Theory of Involuntary Unemployment

Annable, James - 2015

Mainstream macro theorists reasonably insist on coherence with mainstream microeconomics. The early Keynesian separation of macro and micro into incompatible systems has long been unacceptable. In pursuit of coherence, modern model-builders work within the common market-centric framework of...

Persistent link: https://www.econbiz.de/10013022257

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

Case Studies on How the Internet of Things (Iot) Helps Firms Optimize Their Digital Performance and How Iot Will Have a Large Economic Impact in the Future (Presentation Slides)

Cohen, Robert B - 2016

Case Studies discuss the economic benefits of the Internet of Things (IoT) as well as estimate how firms optimize their digital performance. Paper presents initial estimates of how large an impact IoT will have on the US economy through 2025

Persistent link: https://www.econbiz.de/10012992947

Enterprise Spending on Cloud Services Will Expand Us GDP, Jobs and Tech Spending. A New Forecast Predicts the Us Economy Will Gain Nearly 3 Trillion Dollars in GDP and 8 Million Ne...

Cohen, Robert B - 2016

Using a forecasting framework, this analysis illustrates how enterprise spending on Cloud Services will expand US GDP, jobs and technology spending. The preliminary forecast predicts the US economy will gain nearly 3 trillion Dollars in GDP and 8 Million new Jobs from 2015 to 2025. This suggests...

Persistent link: https://www.econbiz.de/10012992951

Techniques Choice, Misallocation and Total Factor Productivity

Uras, Burak - 2014

We develop a generalized production framework with endogenous production techniques that serve to organize raw factor … inputs in an efficient manner. We establish a positive relationship between production flexibility and cost efficiency. By … the detrimental effects of technique limitations by production flexibility. We apply the structure to studying, both …

Persistent link: https://www.econbiz.de/10013043157

Uncertainty, misallocation and the life-cycle growth of firms

Mäkynen, Eero; Vähämaa, Oskari - 2021

We develop a measure of static misallocation that separates uncertainty from misallocation generated by tax-like distortions. In the Finnish firm-level data, uncertainty accounts for the majority of ex post misallocation and explains a strong decreasing age-dependent trend in it. To understand...

Persistent link: https://www.econbiz.de/10012583062

Economic growth through worker reallocation : the role of knowledge spillovers

Mäkynen, Eero - 2021

An establishment can improve its productivity by hiring workers from more productive establishments. Then, how important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium model where knowledge transmits as workers reallocate from...

Persistent link: https://www.econbiz.de/10012583063