Unraveling the Productivity Growth Slowdown in the U.S., Canada and Japan

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Unraveling the Productivity Growth Slowdown in the U.S., Canada and Japan by : Catherine J. Morrison

Download or read book Unraveling the Productivity Growth Slowdown in the U.S., Canada and Japan written by Catherine J. Morrison and published by . This book was released on 1989 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measures of productivity growth typically include in the Productivity "residual" the impacts of subequilibrium from fixity of factors, costs of adjustment, returns to scale and markups. This paper proposes a general two part framework for adjusting the residual measure to take these impacts into account. Errors computing the weights on output and quasi-fixed input growth in traditional measures are first corrected for both primal- and Cost-side measures. Then the deviation of revenues from costs is used to decompose the full primal measure to identify the differential influences of technical change, utilization fluctuations, scale economies and price margins. Use of the framework is illustrated empirically for the U.S., Japanese and Canadian manufacturing sectors, using an econometric model that allows explicit incorporation and measurement of these influences. The adjusted measures show that a significant amount of cyclical and secular change in measured productivity growth can be attributed to production characteristics other than technical change, particularly scale economies

New Developments in Productivity Analysis

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Publisher : University of Chicago Press
ISBN 13 : 0226360644
Total Pages : 648 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis New Developments in Productivity Analysis by : Charles R. Hulten

Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.

A Microeconomic Approach to the Measurement of Economic Performance

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Publisher : Springer Science & Business Media
ISBN 13 : 146139760X
Total Pages : 300 pages
Book Rating : 4.4/5 (613 download)

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Book Synopsis A Microeconomic Approach to the Measurement of Economic Performance by : Catherine J. Morrison

Download or read book A Microeconomic Approach to the Measurement of Economic Performance written by Catherine J. Morrison and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is designed to provide a comprehensive guide to students, researchers, or consultants who wish to carry out and to interpret analyses of economic performance, with an emphasis on productivity growth. The text includes an overview of standard productivity growth measurement techniques and adaptations, and data construc tion procedures. It goes further, however, by expanding the tradition al growth accounting (index number) framework to allow consider ation of how different aspects of firm behavior underlying productivity growth are interrelated, how they can be measured con sistently in a parametric model, and how they permit a well-defined decomposition of standard productivity growth measures. These ideas are developed by considering in detail a number of underlying theoretical results and econometric issues. The impacts of various production characteristics on productivity growth trends are also evaluated by overviewing selected methodological extensions and em pirical evidence. More specifically, in the methodological extensions, emphasis is placed on incorporation of cost and demand characteristics, such as fixity and adjustment costs, returns to scale, and the existence of market power, into analyses of productivity growth. These character istics, generally disregarded in such analyses, can have very important impacts on production structure and firm behavior, and thus on economic performance. They also provide the conceptual basis for vii viii PREFACE measures that are often used independently as indicators of economic performance, such as investment, capacity utilization, and profit measures.

Macroeconomic Analysis of the Linkages Between Transportation Investments and Economic Performance

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Publisher : Transportation Research Board
ISBN 13 : 9780309060615
Total Pages : 96 pages
Book Rating : 4.0/5 (66 download)

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Book Synopsis Macroeconomic Analysis of the Linkages Between Transportation Investments and Economic Performance by : Michael E. Bell

Download or read book Macroeconomic Analysis of the Linkages Between Transportation Investments and Economic Performance written by Michael E. Bell and published by Transportation Research Board. This book was released on 1997 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Capacity Utilization and Measurement of Agricultural Productivity

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Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Capacity Utilization and Measurement of Agricultural Productivity by : James H. Hauver

Download or read book Capacity Utilization and Measurement of Agricultural Productivity written by James H. Hauver and published by . This book was released on 1991 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Econometrics

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Publisher : Elsevier
ISBN 13 : 0444887660
Total Pages : 1013 pages
Book Rating : 4.4/5 (448 download)

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Book Synopsis Handbook of Econometrics by : Zvi Griliches

Download or read book Handbook of Econometrics written by Zvi Griliches and published by Elsevier. This book was released on 1983 with total page 1013 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is a definitive reference source and teaching aid for econometricians. It examines models, estimation theory, data analysis and field applications in econometrics.

Handbook of Econometrics

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Publisher : Elsevier
ISBN 13 : 0080556280
Total Pages : 1013 pages
Book Rating : 4.0/5 (85 download)

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Book Synopsis Handbook of Econometrics by : James J. Heckman

Download or read book Handbook of Econometrics written by James J. Heckman and published by Elsevier. This book was released on 2007-12-13 with total page 1013 pages. Available in PDF, EPUB and Kindle. Book excerpt: As conceived by the founders of the Econometric Society, econometrics is a field that uses economic theory and statistical methods to address empirical problems in economics. It is a tool for empirical discovery and policy analysis. The chapters in this volume embody this vision and either implement it directly or provide the tools for doing so. This vision is not shared by those who view econometrics as a branch of statistics rather than as a distinct field of knowledge that designs methods of inference from data based on models of human choice behavior and social interactions. All of the essays in this volume and its companion volume 6B offer guidance to the practitioner on how to apply the methods they discuss to interpret economic data. The authors of the chapters are all leading scholars in the fields they survey and extend.*Part of the renowned Handbooks in Economics Series*Updates and expands the exisiting Handbook of Econometrics volumes*An invaluable reference written by some of the world's leading econometricians.

Researching the Trade-productivity Link

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4./5 ( download)

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Book Synopsis Researching the Trade-productivity Link by : James R. Tybout

Download or read book Researching the Trade-productivity Link written by James R. Tybout and published by World Bank Publications. This book was released on 1991 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: No stable, predictable correlations have emerged in studies of how trade policy affects productivity growth but market concentration seems to be an important factor. Research also suggests that increased foreign competition tends to induce cuts in plant size, may improve technical efficiency, and appears not to be closely linked with firm entry patterns.

Handbook of Cliometrics

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Publisher : Springer Nature
ISBN 13 : 3031355830
Total Pages : 2796 pages
Book Rating : 4.0/5 (313 download)

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Book Synopsis Handbook of Cliometrics by : Claude Diebolt

Download or read book Handbook of Cliometrics written by Claude Diebolt and published by Springer Nature. This book was released on with total page 2796 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Capital-embodied Technical Change and the Productivity Growth Slowdown in Canada

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Publisher : Industrie Canada
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Capital-embodied Technical Change and the Productivity Growth Slowdown in Canada by : Surendra Gera

Download or read book Capital-embodied Technical Change and the Productivity Growth Slowdown in Canada written by Surendra Gera and published by Industrie Canada. This book was released on 1998 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Data Envelopment Analysis

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Publisher : Springer
ISBN 13 : 1489975535
Total Pages : 472 pages
Book Rating : 4.4/5 (899 download)

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Book Synopsis Data Envelopment Analysis by : Joe Zhu

Download or read book Data Envelopment Analysis written by Joe Zhu and published by Springer. This book was released on 2015-03-18 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook represents a milestone in the progression of Data Envelopment Analysis (DEA). Written by experts who are often major contributors to DEA theory, it includes a collection of chapters that represent the current state-of-the-art in DEA research. Topics include distance functions and their value duals, cross-efficiency measures in DEA, integer DEA, weight restrictions and production trade-offs, facet analysis in DEA, scale elasticity, benchmarking and context-dependent DEA, fuzzy DEA, non-homogenous units, partial input-output relations, super efficiency, treatment of undesirable measures, translation invariance, stochastic nonparametric envelopment of data, and global frontier index. Focusing only on new models/approaches of DEA, the book includes contributions from Juan Aparicio, Mette Asmild, Yao Chen, Wade D. Cook, Juan Du, Rolf Färe, Julie Harrison, Raha Imanirad, Andrew Johnson, Chiang Kao, Abolfazl Keshvari, Timo Kuosmanen, Sungmook Lim, Wenbin Liu, Dimitri Margaritis, Reza Kazemi Matin, Ole B. Olesen, Jesus T. Pastor, Niels Chr. Petersen, Victor V. Podinovski, Paul Rouse, Antti Saastamoinen, Biresh K. Sahoo, Kaoru Tone, and Zhongbao Zhou.

Technical Bulletin

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Publisher :
ISBN 13 :
Total Pages : 330 pages
Book Rating : 4.:/5 (4 download)

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Book Synopsis Technical Bulletin by :

Download or read book Technical Bulletin written by and published by . This book was released on 1927 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cost Structure and the Measurement of Economic Performance

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Publisher : Springer Science & Business Media
ISBN 13 : 1461550939
Total Pages : 366 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Cost Structure and the Measurement of Economic Performance by : Catherine J. Morrison Paul

Download or read book Cost Structure and the Measurement of Economic Performance written by Catherine J. Morrison Paul and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost Structure and the Measurement of Economic Performance is designed to provide a comprehensive guide for students, researchers or consultants who wish to model, construct, interpret, and use economic performance measures. The topical emphasis is on productivity growth and its dependence on the cost structure. The methodological focus is on application of the tools of economic analysis - the `thinking structure' provided by microeconomic theory - to measure technological or cost structure, and link it with market and regulatory structure. This provides a rich basis for evaluation of economic performance and its determinants. The format of the book stresses topics or questions of interest rather than the theoretical tools for analysis. Traditional productivity growth modeling and measurement practices that result in a productivity residual often called the `measure of our ignorance' are initially overviewed, and then the different aspects of technological, market and regulatory structure that might underlie this residual are explored. The ultimate goal is to decompose or explain the residual, by modeling and measuring a multitude of impacts that determine the economic performance of firms, sectors, and economies. The chapters are organized with three broad goals in mind. The first is to introduce the overall ideas involved in economic performance measurement and traditional productivity growth analysis. Issues associated with different types of (short and long run, internal and external) cost economies, market and regulatory impacts, and other general cost efficiencies that might impact these measures are then explored. Finally, some of the theoretical, data construction and econometric tools necessary to justify and implement these models are emphasized.

The Productivity Growth of Asian Industries

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Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Productivity Growth of Asian Industries by : Huagang Li

Download or read book The Productivity Growth of Asian Industries written by Huagang Li and published by . This book was released on 1996 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bibliography of Agriculture

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Publisher :
ISBN 13 :
Total Pages : 944 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Bibliography of Agriculture by :

Download or read book Bibliography of Agriculture written by and published by . This book was released on 1990 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Hard-to-Measure Goods and Services

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Publisher : University of Chicago Press
ISBN 13 : 0226044505
Total Pages : 621 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Hard-to-Measure Goods and Services by : Ernst R. Berndt

Download or read book Hard-to-Measure Goods and Services written by Ernst R. Berndt and published by University of Chicago Press. This book was released on 2009-02-15 with total page 621 pages. Available in PDF, EPUB and Kindle. Book excerpt: The celebrated economist Zvi Griliches’s entire career can be viewed as an attempt to advance the cause of accuracy in economic measurement. His interest in the causes and consequences of technical progress led to his pathbreaking work on price hedonics, now the principal analytical technique available to account for changes in product quality. Hard-to-Measure Goods and Services, a collection of papers from an NBER conference held in Griliches’s honor, is a tribute to his many contributions to current economic thought. Here, leading scholars of economic measurement address issues in the areas of productivity, price hedonics, capital measurement, diffusion of new technologies, and output and price measurement in “hard-to-measure” sectors of the economy. Furthering Griliches’s vital work that changed the way economists think about the U.S. National Income and Product Accounts, this volume is essential for all those interested in the labor market, economic growth, production, and real output.

Journal of Econometrics

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Publisher :
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis Journal of Econometrics by :

Download or read book Journal of Econometrics written by and published by . This book was released on 1996 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: