Results 91 to 100 of about 69,620 (238)
Price Indices Rekindled, 1970s–1990s: Theory and Practice at Cross Purposes?
Journal of Economic Surveys, EarlyView.ABSTRACT This paper revisits the discussions on price indices during a period marked by theoretical advancements and practical challenges in measuring inflation. Index‐number theorists sought to improve accuracy, yet national statistical offices largely maintained established practices due to concerns over data availability, stability, and public trust.
Victor Cruz‐e‐Silva, Bert M. Balk
wiley +1 more source
An Econometric Analysis of a Production Function for New Zealand [PDF]
Using the capital stock series recently released by Statistics New Zealand, two approaches have been employed to estimate a production function. The first approach is based on the estimation of a constant elasticity of substitution (CES) production ...
Kam Leong Szeto
core
Retrospectives: The Introduction of the Cobb–Douglas Regression [PDF]
Journal of Economic Perspectives, 2012 At the 1927 meetings of the American Economic Association, Paul Douglas presented a paper entitled “A Theory of Production,” which he had coauthored with Charles Cobb. The paper proposed the now familiar Cobb–Douglas function as a mathematical representation of the relationship between capital, labor, and output.
openaire +2 more sources
Do robots boost productivity? A quantitative meta‐study
Journal of Economic Surveys, EarlyView.ABSTRACT This meta‐study analyzes the productivity effects of industrial robots. More than 1800 estimates from 85 primary studies are collected. The meta‐analytic evidence suggests that robotization has so far provided, at best, a small boost to productivity. There is strong evidence of publication bias in the positive direction.
Florian Schneider
wiley +1 more source
ESTIMATING EFFECTS OF AGRICULTURAL RESEARCH AND EXTENSION EXPENDITURES ON PRODUCTIVITY: A TRANSLOG PRODUCTION FUNCTION APPROACH [PDF]
The effects of agricultural research and extension expenditures on productivity in the United States are estimated during the period 1949-81 using data for ten production regions.
Lu, Yao-Chi +2 more
core +1 more source
Asset Pricing and Risk‐Sharing Implications of Alternative Pension Plan Systems
The Journal of Finance, EarlyView.ABSTRACT We show that incorporating defined benefit pension funds in an incomplete markets asset pricing model improves its ability to match the historical equity premium and riskless rate and has important risk‐sharing implications. We document the importance of the pension fund's size and asset demands, and a new risk channel arising from ...
NUNO COIMBRA +3 more
wiley +1 more source
La función de producción Cobb-Douglas en el Ecuador
Tendencias, 2018 El objetivo principal de este trabajo es analizar el comportamiento de la elasticidad del producto ante cambios en los dos factores de producción: capital y trabajo, en una función de producción con rendimientos constantes a escala. Para ello, se discute
Xavier Fernando Briones Mendoza +2 more
doaj +1 more source
China's Capital and Productivity Measurement Using Financial Resources [PDF]
This paper constructs China's capital stock, which is used in conjunction with a labor variable to estimate a Cobb-Douglas production function for the Chinese economy.
Kui-Wai Li
core
Carbon Pricing versus Green Finance
The Journal of Finance, EarlyView.ABSTRACT Green finance—including environmental, social, and governance investing and sustainable finance regulations—is widespread, but can it substitute for carbon pricing in fighting climate change? In a unified model, I show that (i) when carbon prices reflect the social cost of carbon, green finance should not be used; (ii) when carbon prices are ...
LASSE HEJE PEDERSEN
wiley +1 more source