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Author : Neville F. Chow
Publisher :
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4.:/5 (133 download)
Download or read book Returns to Scale and Estimation of the Constant Elasticity of Substitution Function written by Neville F. Chow and published by . This book was released on 1973 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Marlen Frederick Miller
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (31 download)
Download or read book The Constant Elasticity of Substitution Production Function and Its Application in Research written by Marlen Frederick Miller and published by . This book was released on 1975 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Craig J. Skidmore
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (367 download)
Download or read book The Constant Elasticity of Substitution Production Function and the Variable Elasticity of Substitution Production Function written by Craig J. Skidmore and published by . This book was released on 1974 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Empirical Essays on the Elasticity of Substitution, Technical Change, and Economic Growth written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We estimate the elasticity of substitution using two different production functions. The usual Constant Elasticity of Substitution (CES) production function and a Box-Cox production function for Japan (1890-1991), UK (1870-1991), and US (1890-1992; 1929-2000). The main results are that we find the ES to be non-unitary and changing over time. Our findings have implications for economic growth (theoretical and empirical), as production is an increasing function of the ES. The use of a Cobb-Douglas production function, as in most cases in the literature, hides the role of the ES not only as a source of increase in output but also as a source of technical change. Also, we found in a monte carlo simulation that usual CES production usually does not give reliable estimates for the substitution parameter. Finally, using a CES to calculate TFP across countries, we found that variance of TFP is lower than using a Cobb-Douglas. It implies that the importance of TFP to explain income differences across countries is diminished.
Author :
Publisher : CUP Archive
ISBN 13 :
Total Pages : 238 pages
Book Rating : 4./5 ( download)
Download or read book On The Thoery and Measurement of Technoloical Change written by and published by CUP Archive. This book was released on with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Nagesh S. Revankar
Publisher :
ISBN 13 :
Total Pages : 334 pages
Book Rating : 4.:/5 (89 download)
Download or read book Production Functions with Variable Elasticity of Substitution and Variable Returns to Scale written by Nagesh S. Revankar and published by . This book was released on 1967 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Murray Brown
Publisher :
ISBN 13 : 9780598269614
Total Pages : 0 pages
Book Rating : 4.2/5 (696 download)
Download or read book The Theory and Empirical Analysis of Production written by Murray Brown and published by . This book was released on 1967 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jeremy Atack
Publisher : Routledge
ISBN 13 : 135134210X
Total Pages : 263 pages
Book Rating : 4.3/5 (513 download)
Download or read book Estimation of Economies of Scale in Nineteenth Century United States Manufacturing written by Jeremy Atack and published by Routledge. This book was released on 2018-01-12 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: On economies of scale during the nineteenth century, much is assumed, but little is known. This study, first published in 1985, seeks to close this gap in our knowledge by providing comprehensive empirical evidence on the status of economies of scale in mid-nineteenth century manufacturing industry. This evidence is in the form of production function estimates made using data from the manuscripts of the federal censuses of manufacturing for 1850, 1860 and 1870.
Author : Subhash C. Ray
Publisher : Springer Nature
ISBN 13 : 9811034559
Total Pages : 1797 pages
Book Rating : 4.8/5 (11 download)
Download or read book Handbook of Production Economics written by Subhash C. Ray and published by Springer Nature. This book was released on 2022-06-02 with total page 1797 pages. Available in PDF, EPUB and Kindle. Book excerpt: This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.
Author : Mary E. Burfisher
Publisher : Cambridge University Press
ISBN 13 : 1107132207
Total Pages : 443 pages
Book Rating : 4.1/5 (71 download)
Download or read book Introduction to Computable General Equilibrium Models written by Mary E. Burfisher and published by Cambridge University Press. This book was released on 2016 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.
Author : Santeramo, Fabio Gaetano
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 29 pages
Book Rating : 4./5 ( download)
Download or read book On the Estimation of Supply and Demand Elasticities of Agricultural Commodites written by Santeramo, Fabio Gaetano and published by Intl Food Policy Res Inst. This book was released on with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This AGRODEP Technical Note provides a literature review on the topic of estimation of demand and supply elasticities. To this end, it starts the discussion by summarizing the main facets of production theory and consumer theory to introduce the concept of elasticities, with examples of di fferent types of elasticities most utilized in the literature. Next, it discusses the identi fication problem in estimating elasticities, i.e. the issue of having to solve for unique values of the parameters of the structural model from the values of the parameters of the reduced form of the model. It summarizes various methodologies employed in the literature to solve this problem and gives practical examples. These solutions include, but are not limited to, using instrumental variables, adopting a recursive structure, holding demand constant, and imposing inequality constraints in order to restrict the domain of estimates.
Author : Peter B. Dixon
Publisher : Newnes
ISBN 13 : 0444536353
Total Pages : 1143 pages
Book Rating : 4.4/5 (445 download)
Download or read book Handbook of Computable General Equilibrium Modeling written by Peter B. Dixon and published by Newnes. This book was released on 2013-11-14 with total page 1143 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. Presents coherent summaries of CGE theories that inform major model types Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results Shows how CGE modeling has made a contribution to economic policy
Author : Murray Brown
Publisher :
ISBN 13 :
Total Pages : 236 pages
Book Rating : 4.:/5 (44 download)
Download or read book On the Theory and Measurement of Technological Change written by Murray Brown and published by . This book was released on 1966 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 : Ahuja H.L.
Publisher : S. Chand Publishing
ISBN 13 : 9355010672
Total Pages : 1159 pages
Book Rating : 4.3/5 (55 download)
Download or read book Managerial Economics (Analysis of Managerial Decision Making), 9th Edition written by Ahuja H.L. and published by S. Chand Publishing. This book was released on with total page 1159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Widely acknowledged, this popular and detailed text is a comprehensive treatise on Managerial Economics both micro and macro-economic aspects. This text ensures a thorough understanding of core concepts before advancing to provide an expanded treatment of topics. It explains the economic environment and the impact on managerial decisions regarding price & output determination in different market structures followed by an account of the behaviour of individuals under conditions of uncertainty.
Author : Boyan Jovanovic
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (321 download)
Download or read book A CES Indirect Production Function written by Boyan Jovanovic and published by . This book was released on 1995 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper derives an indirect production function that is, in a special case, of a constant elasticity of substitution form. This is not a contribution to the theory of aggregation generally. Instead it is a microfoundation for a specific but popular production function -- the CES -- that helps us express the important concept of the elasticity of substitution in terms of more primitive, and more intuitive concepts of the returns to scale. The paper presents a simple lemma, and then shows that several and diverse applications have a common logical structure: the production function often used in growth theory, the utility function when there is household production, human capital theory, and the concept of the aggregate technology shock.
Author : David L. Debertin
Publisher :
ISBN 13 :
Total Pages : 413 pages
Book Rating : 4.:/5 (476 download)
Download or read book Agricultural Production Economics written by David L. Debertin and published by . This book was released on 2002 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt:
