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When different technologies are present in an industry, assuming a homogeneous technology will lead to misleading implications about technical change and inefficient policy recommendations. In this paper a latent class modelling approach and flexible estimation of the production structure is...
Persistent link: https://www.econbiz.de/10009020497
When different technologies are present in an industry, assuming a homogeneous technology will lead to misleading implications about technical change and inefficient policy recommendations. In this paper a latent class modelling approach and flexible estimation of the production structure is...
Persistent link: https://www.econbiz.de/10008853695
Increasing size of establishments and resulting concentration in US industries may stem from various types of cost economies. In particular, scale economies arising from technological factors embodied in plant and equipment may be a driving force for such market structure changes. In this case...
Persistent link: https://www.econbiz.de/10011098012
Expanding concentration in many industries has generated concern about the extent and determinants of these market structure patterns. Understanding such trends requires information on technological characteristics underlying cost efficiency. However, market structure and power analyses are...
Persistent link: https://www.econbiz.de/10011098021
Economic analysis of production processes and performance typically neglects consideration of spatial and industry inter-dependencies that may affect economic performance, although there is increasing theoretical recognition that such linkages may be both substantive and expanding. In...
Persistent link: https://www.econbiz.de/10011098022
The size and significance of public infrastructure investment impacts on costs and productivity of private enterprise, and thus on economic health and growth, has proven nebulous to empirically substantiate. Various studies using alternative theoretical and econometric methodologies, and for...
Persistent link: https://www.econbiz.de/10011098023