ABSTRACT This paper analyzes the link between export and total factor productivity using a large panel of Ethiopian large and medium manufacturing firms. Using a modified Olley and Pakes model with export for the prediction of total factor productivity and then matching and difference‐in‐difference techniques, evidence of both self‐selection and ...
Zerihun Kelil Seid +2 more
wiley +1 more source
Fitting of Cobb-Douglas Production Functions: Revisited [PDF]
The set of Cobb-Douglas production functions is usually fitted by first linearizing the models through logarithmic transformation and then applying method of least squares.
Prajneshu
core +1 more source
On the undesirable repercussions of gender norms in an endogenous growth model
Abstract Sustainable growth has emerged as a critical policy challenge worldwide. We investigate the influence of conventional gender norms on fertility and economic growth to explain the phenomena recently observed across high‐income countries. To this end, we construct an overlapping generations model with endogenous fertility and labor supply ...
Ryo Sakamoto, Katsunori Minami
wiley +1 more source
Zero discounting and optimal paths of depletion of an exhaustible resource with an amenity value [PDF]
This paper studies the undiscounted utilitarian optimal paths of the canonical Dasgupta-Heal-Solow model when the stock of natural capital is a direct argument of well-being, besides consumption.
Antoine D'Autume, Katheline Schubert
core
Proportional Response as Iterated Cobb-Douglas
We show that the proportional response algorithm for computing an economic equilibrium in a Fisher market model can be interpreted as iteratively approximating the economy by one with Cobb-Douglas utilities, for which a closed-form equilibrium can be obtained. We also extend the method to allow elasticities of substitution at most one.
openaire +3 more sources
The Impact of Staff and Manager Training on Firm Productivity: Differential and Interaction Effects
ABSTRACT Productivity is a crucial goal for firms, yet training investments to develop employee skills and enhance productivity face scrutiny. Despite considerable research into training inputs and performance outcomes, several gaps remain. We investigate the differential effects of managerial and staff training on labour productivity, drawing on human
Susan Schwarz +3 more
wiley +1 more source
Reconsideration of Dimensions and Curve Fitting Practice in Economics Elaborating on Georgescu-Roegen’s Economic Methodology [PDF]
This paper is to examine the proper use of dimensions and curve fitting practices elaborating on Georgescu-Roegen’s economic methodology in relation to the three main concerns of his epistemological orientation.
Jesus Ramos-Martin +2 more
core
Preferences for Consumption and Leisure Across Countries
ABSTRACT Worktimes differ across countries and over time. The economics literature usually explains these differences by financial incentives such as wages and taxes, assuming identical and constant preference for leisure versus consumption. Non‐economic researchers recognize different attitude towards work across countries and over time and connect ...
Jim Jin, Geethanjali Selvaretnam
wiley +1 more source
Stochastic Frontier-Based Analysis of Energy Efficiency in Russian Open-Pit Mining Enterprises
This article is devoted to the study of the possibilities for improvAzing the quality of energy management systems adopted at open-pit mining enterprises in the Russian Federation.
Ulvi Rzazade +3 more
doaj +1 more source
Technical Change as Exogenous or Endogenous Factor in the Production Function Models. Empirical Evidence from Romania [PDF]
As technical change is nowadays largely accepted to be an engine of economic growth, researchers have tried to include it explicitly in the economic growth models, either as an exogenous or endogenous factor of influence.
Goschin, Zizi, Zaman, Gheorghe
core

