Download or read book Factor Substitution and Productivity in New Zealand written by Daan Steenkamp and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper produces aggregate and industry estimates of total factor productivity (TFP) for New Zealand. TFP is estimated based on constant elasticity of substitution (CES) production functions that permit varying assumptions about factor augmentation and that allow for industry-specific values of the elasticity of substitution between inputs. The CES approach simultaneously explains changes in labour share and output over time, and provides estimates of the contribution of capital and labour to productivity in New Zealand. The results suggest that negative capital-augmenting technical change in several industries has weighed on productivity in New Zealand.

Download or read book Factor Substitution and Productivity in New Zealand written by Daan Steencamp and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity and Relative Prices written by Daan Steenkamp and published by . This book was released on 2017 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this research is to model developments in productivity and relative prices in New Zealand and across countries. The first chapter produces aggregate and industry estimates of Total Factor Productivity (TFP) for New Zealand based on Constant Elasticity of Substitution (CES) production functions. The CES approach simultaneously explains changes in labour share and output over time, and provides estimates of the contribution of capital and labour to productivity in New Zealand. The results suggest that negative capital-augmenting technical change in several industries has weighed on productivity in New Zealand. The second chapter focuses on high frequency dynamics of exchange rates. Tests for explosiveness in highly traded exchange rates at a daily frequency are performed using a methodology that accounts for the possibility of non-stationary volatility. Bouts of explosiveness in exchange rates are uncommon at a daily frequency and there is high concordance with explosiveness in the effective value of the US dollar, suggesting that there are relatively few instances where explosiveness in individual cross-rates reflect country-specific factors. The final chapter focuses on long term developments in sectoral productivity and prices across countries. The chapter tests the validity of an augmented Balassa- Samuelson hypothesis using a panel of real exchange rate levels across 17 OECD countries based on a unique panel of sectoral TFP and price level data. The results show that real exchange rate dynamics can be explained by relative productivity levels both across countries and over time. Other relative fundamentals such as structural labour market differences also matter for real exchange rates.

Download or read book Productivity Growth in New Zealand written by Paul Conway and published by . This book was released on 1998 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity and Factor Substitution written by S. Kumar and published by Deep and Deep Publications. This book was released on 2002-09 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity Trends in New Zealand written by Adrian Orr and published by . This book was released on 1989 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Total Factor Productivity Growth Determinants in New Zealand Agriculture written by Allan N. Rae and published by . This book was released on 2008 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Returns to Scale Technical Progress and Total Factor Productivity Growth in New Zealand Industries written by Kevin J Fox and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper reviews and applies some recently proposed methods for separating total factor productivity (TFP) growth into contributions from technical progress and returns to scale, allowing for imperfectly competitive markets. The methods are applied to New Zealand data, using a recently available dataset on nine market-sector industries and the aggregate market sector, 1988-2002. The findings suggest that there has been little contribution from technical progress to TFP growth, but increasing returns to scale may have played a substantial role. However, the results are not statistically satisfactory for several industries, and are quite sensitive to the model used. This highlights the need for more work on both data and analysis if a better understanding is to be had of New Zealand’s productivity performance."--Publisher's website.

Download or read book Studies on Factor Substitution and Productivity in India Malaysia Singapore and Tanzania written by and published by . This book was released on 1984 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Input Substitution Productivity Performance and Farm Size written by Yu Sheng and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a theoretical model to examine the relationship between the input elasticity of (technical) substitution and both farm total factor productivity and size. In the presence of ongoing technical change and its factor bias, the 'income effect' arising from farms' cost minimising behaviour enables them to increase productivity by saving inputs or, through the dual equivalent, enlarging farm size. As such, farms with higher elasticities of substitution tend to grow larger and become more productive, which provides a new mechanism through which farm heterogeneity in productivity growth can be examined. Empirical evidence from Australian broadacre agriculture supports this theory and points to important policy implications.

Download or read book Factor Substitution Productivity Growth and Technical Change in Integrated Micro macro Analysis of UK Firms written by J. McIntosh and published by . This book was released on 1986 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity Measurement and Analysis written by OECD and published by OECD Publishing. This book was released on 2009-04-28 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the proceedings of two workshops on productivity measurement and analysis, which brought together representatives of statistical offices, central banks and other officials involved with the analysis and measurement of productivity at aggregate and industry levels.

Download or read book INCREASE IN LABOUR PRODUCTIVITY FACTOR SUBSTITUTION AND LABOUR DEMAND written by Roberto CELLINI and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inter factor Substitution and Total Factor Productivity Growth written by Ponugoti Someshwar Rao and published by . This book was released on 1983 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Productivity a Selected Annotated Bibliography written by and published by . This book was released on 1965 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Electricity Cost Modeling Calculations written by Monica Greer and published by Academic Press. This book was released on 2021-09-10 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reducing greenhouse gases and increasing the use of renewable energy continue to be critical goals for the power industry and electrical engineers to promote energy cost reductions. Engineers and researchers must keep up to date with the evolution of the power system sector, new energy regulations, and how different pricing techniques apply in today’s market. Electricity Cost Modeling Calculations, Second Edition delivers an updated view on pricing models, regulation, technology and the role renewable energy is starting to take in electricity. Starting with fundamental concepts relating to market structure, an increase in international regulations is added to expand the engineer’s knowledge. Cubic cost modeling and new modeling cases are included along with updated literature reviews for deeper research. The reference then extends into more advanced quantitative methods such as updated rate designs, and a new chapter is included on the marginal cost pricing of electricity in the United States with applications to reduce greenhouse gas emissions, making the reference relevant for today’s power markets. This book provides engineers with a practical guide on the latest techniques in electricity pricing and applications for today’s markets. Provides updates on international regulations and the role of renewable energy sources Presents foundational concepts and advanced quantitative aspects including updated practical case studies Discusses the appropriate rate/tariff structure for more efficient use of electricity and renewable options

Download or read book Bulletin of the Bureau of Labor Statistics written by and published by . This book was released on 1973 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: