Download or read book Estimation of Aggregate Production Functions written by Salinee Suvachananonda and published by . This book was released on 1972 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Aggregate Production Function and the Measurement of Technical Change written by Jesus Felipe and published by Edward Elgar Publishing. This book was released on 2013-10-31 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative and stimulating book represents a fundamental critique of the aggregate production function, a concept widely used in macroeconomics.
Download or read book Production Functions and Aggregation written by Kazuo Satō and published by . This book was released on 1975 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic research monograph on the economic theory of production functions and aggregation - includes a bibliography pp. 301 to 307.
Download or read book Nonlinear Estimation of Aggregate Production Functions written by Ronald G. Bodkin and published by . This book was released on 1967 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Specification and Estimation of Multiple Output Production Functions written by G. Hasenkamp and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is intended as a contribution to applied work in production theory by treating: a) The measurement problems involved whenever several outputs are jointly produced, and b) The (possible) econometric framework for estimating production function parameters whenever (relative) prices vary sufficiently over the observations. Thus, the "pure" theory of production, and the theory of non-linear regression is not treated in sufficient detail: for these topics we refer to the available literature~ for a comprehensive list of references we refer to Uebe (1975). Some years ago, papers by L. J. Lau and W. E. Diewert initiated my interest in duality within production theory, and then I started to appreciate R. W. Shephard's fundamental contribution to this topic. This monograph is a (minor) revision of a Ph. D. dissertation submitted to the Department of Economics, The University of Wisconsin, Madison, in August 1973. The Graduate School and the Social Systems Research Institute provided funds for the reported computer work, Lawrence R. Klein and Laurits R. Christensen provided data, and as a Graduate Student I received financial support in form of an University Fellowship~ all this is very much appreciated. With some nostalgia I think back to the enjoyable period of learning during the preparation of my diFosertation~ I appreciate the spirit within the department, and the guidance of my committee Arthur S. Goldberger, Dennis J. Aigner, and Laurits R. Christensen.
Download or read book Is Canada s Aggregate Production Function Cobb Douglas written by Haitao Xiang and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Production Functions Estimated from Aggregate Intercountry Observations written by Michael A. Trueblood and published by . This book was released on 1991 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book On the Measurement of Aggregate Production Functions written by Muhuan Xing and published by . This book was released on 1990 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Shape of Aggregate Production Functions written by Jakub Growiec and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The article provides multifaceted evidence on the shape of the aggregate country-level production function, derived from the World Technology Frontier, estimated on the basis of annual data on inputs and output in 19 highly developed OECD countries in the period 1970-2004. A comparison of its estimates based on Data Envelopment Analysis and Bayesian Stochastic Frontier Analysis uncovers a number of significant discrepancies between the nonparametric estimates of the frontier and the Cobb-Douglas and translog production functions in terms of implied efficiency levels, partial elasticities, and returns-to-scale properties. Furthermore, the two latter characteristics as well as elasticities of substitution are found to differ markedly across countries and time, providing strong evidence against the constant-returns-to-scale (CRS) Cobb-Douglas specification, frequently used in related literature. We also find notable departures from perfect substitutability between unskilled and skilled labor, consistent with the hypotheses of skill-biased technical change and capital-skill complementarity. In the Appendix, as a corollary from our results, we have also conducted a series of development accounting and growth accounting exercises.
Download or read book In Search of Aggregate Production Function Specification written by Jagath Dissanayake and published by . This book was released on 2014 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper re-estimates the constant-elasticity-of-substitution (CES) specification of aggregate production function using newly constructed annual data on physical and human capital stocks for a panel of 134 countries observed over the period 1960-2011. In our estimation, we allow parameters to be heterogeneous across countries. Our estimation accounts for endogeneity of inputs, cross-section dependence, variable non-stationarity and serial correlation. Despite the empirical consensus in the literature in favour of CES specification, our results suggest that there is no convincing evidence to reject the Cobb-Douglas specification as an aggregate production function specification.
Download or read book An Aggregate world Production Function written by George T. Woodward and published by . This book was released on 1984 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An aggregate world production function written by George Thomas Woodward and published by . This book was released on 1979 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Model of Aggregate Production written by Sybrand Schim van der Loeff and published by . This book was released on 1987 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Returns to Scale and Export External Effects written by Kumiko Okamura and published by . This book was released on 1994 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimation and Identification of Cobb Douglas Production Functions written by Marc Nerlove and published by . This book was released on 1965 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: An illustrative material in a mathematical variant of intermediate price theory. Discusses the possibilities of identification and estimation of production function parameter under dynamic optimization models.
Download or read book Estimation of Aggregate Employment and Production Functions for New Zealand written by John Gallacher and published by . This book was released on 1975 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Aggregation written by Franklin M. Fisher and published by . This book was released on 1992 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work deals with the question of the conditions for the existence of aggregate production functions (the heart of macroeconomics). It examines the conditions for approximate aggregation and through simulation experiments, considers why aggregate production functions appear to work.
