Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download How Does Data Aggregation Impact Elasticity Of Substitution Estimation full books in PDF, epub, and Kindle. Read online How Does Data Aggregation Impact Elasticity Of Substitution Estimation ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author : Michael Schrammel
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)
Download or read book How Does Data Aggregation Impact Elasticity of Substitution Estimation? written by Michael Schrammel and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ezra Oberfield
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Micro Data and the Macro Elasticity of Substitution written by Ezra Oberfield and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We estimate the aggregate elasticity of substitution between capital and labor in the US manufacturing sector. We show that the aggregate elasticity of substitution can be expressed as a simple function of plant level structural parameters and sufficient statistics of the distribution of plant input cost shares. We then use plant level data from the Census of Manufactures to construct a local elasticity of substitution at various levels of aggregation. Our approach does not assume the existence of a stable aggregate production function, as we build up our estimate from the cross section of plants at a point in time. Accounting for substitution within and across plants, we find that the aggregate elasticity is substantially below unity at approximately 0.7. Lastly we assess the sources of the bias of aggregate technical change from 1987 to 1997. We find that the labor augmenting character of aggregate technical change is due almost exclusively to labor augmenting productivity growth at the plant level rather than relative growth in capital intensive plants.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451874243
Total Pages : 47 pages
Book Rating : 4.4/5 (518 download)
Download or read book Elasticity Optimism written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-12-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate substitutability is a weighted average of good-specific elasticities, which in general cannot be inferred from aggregated data. We identify structurally the substitutability in US goods using multilateral trade data. We impose homogeneity, and find an aggregate elasticity similar in value to conventional macroeconomic estimates. It is more than twice larger with sectoral heterogeneity. We discuss the implications in various areas of international economics.
Author :
Publisher :
ISBN 13 :
Total Pages : 226 pages
Book Rating : 4.:/5 (318 download)
Download or read book Journal of International Commerce & Economics written by and published by . This book was released on 2009 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Heather Boushey
Publisher : Harvard University Press
ISBN 13 : 067497817X
Total Pages : 475 pages
Book Rating : 4.6/5 (749 download)
Download or read book After Piketty written by Heather Boushey and published by Harvard University Press. This book was released on 2017-05-08 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Foreign Affairs Best Book of the Year “An intellectual excursion of a kind rarely offered by modern economics.” —Foreign Affairs Thomas Piketty’s Capital in the Twenty-First Century is the most widely discussed work of economics in recent years. But are its analyses of inequality and economic growth on target? Where should researchers go from there in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of leading economists and other social scientists—including Emmanuel Saez, Branko Milanovic, Laura Tyson, and Michael Spence—tackle these questions in dialogue with Piketty. “A fantastic introduction to Piketty’s main argument in Capital, and to some of the main criticisms, including doubt that his key equation...showing that returns on capital grow faster than the economy—will hold true in the long run.” —Nature “Piketty’s work...laid bare just how ill-equipped our existing frameworks are for understanding, predicting, and changing inequality. This extraordinary collection shows that our most nimble social scientists are responding to the challenge.” —Justin Wolfers, University of Michigan
Author : Josef Bajzik
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (115 download)
Download or read book Estimating the Armington Elasticity written by Josef Bajzik and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A key parameter in international economics is the elasticity of substitution between domestic and foreign goods, also called the Armington elasticity. Yet estimates vary widely. We collect 3,524 reported estimates of the elasticity, construct 34 variables that reflect the context in which researchers obtain their estimates, and examine what drives the heterogeneity in the results. To account for inherent model uncertainty, we employ Bayesian and frequentist model averaging. We present the first application of newly developed non-linear techniques to correct for publication bias. Our main results are threefold. First, there is publication bias against small and statistically insignificant elasticities. Second, differences in results are best explained by differences in data: aggregation, frequency, size, and dimension. Third, the mean elasticity implied by the literature after correcting for both publication bias and potential misspecifications is 3.
Author : Merle Ina Yahr
Publisher :
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.3/5 (9 download)
Download or read book Estimating the Elasticity of Substitution from International Manufacturing Census Data written by Merle Ina Yahr and published by . This book was released on 1967 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert H. Edelstein
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 ( download)
Download or read book The Production Function for Housing and Its Implications for Future Urban Development written by Robert H. Edelstein and published by . This book was released on 1981 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 804 pages
Book Rating : 4.3/5 (243 download)
Download or read book CPI Detailed Report written by and published by . This book was released on 2006 with total page 804 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumer price index, U.S. city average and selected areas.
Author : C. K. Brown
Publisher :
ISBN 13 :
Total Pages : 148 pages
Book Rating : 4.E/5 ( download)
Download or read book Estimating the Effects of a Youth Differential on Teenagers and Adults written by C. K. Brown and published by . This book was released on 1981 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jagdish Handa
Publisher : Routledge
ISBN 13 : 1134638094
Total Pages : 785 pages
Book Rating : 4.1/5 (346 download)
Download or read book Monetary Economics written by Jagdish Handa and published by Routledge. This book was released on 2002-11-01 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive overview of advanced monetary economics, integrating the presentation of monetary theory with empirical formulations and their empirical tests. Unlike most texts this book brings together in a single unified source the core areas of monetary economics. Key features include: * cross-country comparison of central banking in the US, UK and developing countries * theories and empirical studies on money demand, including precautionary and buffer stock models and monetary aggregation * detailed comparison of Keynesian and modern classical macroeconomic theoretical and policy models * a focus on the role of money and financial institutions and growth.
Author : Charles Britt Moss
Publisher : World Scientific
ISBN 13 : 9811241279
Total Pages : 576 pages
Book Rating : 4.8/5 (112 download)
Download or read book Production Economics: An Empirical Approach written by Charles Britt Moss and published by World Scientific. This book was released on 2022-02-25 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production economics is that branch of microeconomics that examines producer decisions. This book focuses on the empirical estimation of these relationships using primal, dual, and differential specifications. The primal specification models production decisions based on the production function — estimation of the input/output relationship and the derivation of optimization behavior from this technical relationship. The dual approach estimates production decisions using economic information such as input and output prices. The textbook then develops the linkages between these relationships. The differential specification is an alternative approach derived from changes in the first-order conditions from cost minimizing behavior. In each case, the theoretical development is followed by different empirical specifications that can be used to estimate the producer's choice.
Author : Senguttuvan
Publisher : Excel Books India
ISBN 13 : 9788174465238
Total Pages : 488 pages
Book Rating : 4.4/5 (652 download)
Download or read book Principles of Airport Economics written by Senguttuvan and published by Excel Books India. This book was released on 2016-11 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Franzen, Axel
Publisher : Edward Elgar Publishing
ISBN 13 : 1800370458
Total Pages : 360 pages
Book Rating : 4.8/5 (3 download)
Download or read book Research Handbook on Environmental Sociology written by Franzen, Axel and published by Edward Elgar Publishing. This book was released on 2021-11-19 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Research Handbook presents the state of the art of empirical sociological research on the causes of, and solutions to, pressing environmental problems. It provides cutting-edge insights into some of the most urgent challenges facing humanity, including anthropogenic climate change and environmental pollution. The contributors argue that profound collective efforts to protect the environment are vital for sustainable development and offer practical solutions to specific contemporary issues.
Author :
Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.3/5 (126 download)
Download or read book Monthly Labor Review written by and published by . This book was released on 2006-05 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Author : Klaus Schmidt-Hebbel
Publisher : World Bank Publications
ISBN 13 : 9780821338520
Total Pages : 184 pages
Book Rating : 4.3/5 (385 download)
Download or read book Saving Across the World written by Klaus Schmidt-Hebbel and published by World Bank Publications. This book was released on 1997-01-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 349. The Bank's approach to water resources development has shifted from one of construction activities to one of improved management quality, creating a new generation of water-related projects and the need for new evaluation procedures. This paper addresses the methodology for economic evaluation of this new group of projects and draws on the experience of the recently approved Mexico Water Resources Management project.
Author : Kym Anderson
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 69 pages
Book Rating : 4./5 ( download)
Download or read book the challenge of reducing international trade and migration barriers written by Kym Anderson and published by World Bank Publications. This book was released on 2008 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: While barriers to trade in most goods and some services including capital flows have been reduced considerably over the past two decades, many remain. Such policies harm most the economies imposing them, but the worst of the merchandise barriers (in agriculture and textiles) are particularly harmful to the world's poorest people, as are barriers to worker migration across borders. This paper focuses on how costly those anti-poor trade policies are, and examines possible strategies to reduce remaining distortions. Two opportunities in particular are addressed: completing the Doha Development Agenda process at the World Trade Organization (WTO), and freeing up the international movement of workers. A review of the economic benefits and adjustment costs associated with these opportunities provides the foundation to undertake benefit/cost analysis required to rank this set of opportunities against those aimed at addressing the world's other key challenges as part of the Copenhagen Consensus project. The paper concludes with key caveats and suggests that taking up these opportunities could generate huge social benefit/cost ratios that are considerably higher than the direct economic ones quantified in this study, even without factoring in their contribution to alleviating several of the other challenges identified by that project, including malnutrition, disease, poor education and air pollution.
