A New Class of Production Functions and an Argument Against Purely Labor-Augmenting Technical Change [PDF]
This paper follows Jones (2005) in his approach to deriving the global production function from microfoundations. His framework is generalized by allowing for dependence between the Pareto distributions of labor- and capital-augmenting developments ...
Growiec, Jakub
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Collective Bargaining and Monopsony: The Regulation of Noncompete Agreements in France
ABSTRACT Can collective bargaining mitigate monopsony power? This paper studies the extent to which collective agreements regulating employee noncompete clauses affect firm‐level markdowns in French manufacturing. Using a staggered difference‐in‐differences design, we find that such regulation reduces markdowns by 1.3%–2.2% on average.
Tito Boeri +3 more
wiley +1 more source
Separating the Costs and Benefits of Employee Turnover: A Theory‐Driven Method and Applications
ABSTRACT Employee turnover is costly, but it may also benefit performance through improving job‐worker match quality. Existing studies estimate only the net turnover‐performance relationship, ignoring benefits and biasing cost estimates. We develop a theory‐driven method that separately identifies operational costs and match‐quality benefits of ...
Elena Rapoport, Nick Zubanov
wiley +1 more source
Estimation of a Production Function for Philippine Retail Stores
The purpose of this paper is the estimation of a production function for retail stores in the Philippines. A generalized Cobb-Douglas production function is utilized for this purpose. Ordinary Least Squares is used in obtaining the coefficients for labor
Patalinghug Jason C.
doaj +1 more source
The Productivity Effect of High Involvement Management: Causal Evidence From Germany
ABSTRACT This study empirically examines the effects of High Involvement Management (HIM) on establishment productivity. To achieve this it draws on a large‐scale panel data set representative of the German economy. The identification strategy exploits the bracketing property of fixed effects and lagged dependent variable models and supplements this ...
Johannes Lehmann
wiley +1 more source
COMPARISON OF AGRICULTURAL PRODUCTION FACTORS IN THE EUROPEAN UNION AND MERCOSUR COUNTRIES: ISSUES IN COBB-DOUGLAS PRODUCTION FUNCTION ESTIMATION [PDF]
After 25 years of negotiations, representatives of the European Union and the Mercosur countries reached an agreement on concluding an Economic Partnership Agreement.
Iwona Szczepaniak, Oksana Kiforenko
doaj +1 more source
Health, Technical Efficiency And Agricultural Production In Indian Districts [PDF]
In this study, we attempt to quantify the effect of improved population health on technical efficiency in agricultural production. Using data for over 260 districts in 15 Indian states, we employ the random-coefficients technique to estimate a Cobb ...
Jennifer Prah Ruger +2 more
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Worker Heterogeneity and the Effect of Noncompetes on Firm Performance
ABSTRACT Using staggered state‐level changes in noncompete enforceability, we document that reduced enforcement increases profitability, valuation, productivity, and plant‐level growth in knowledge‐worker‐intensive firms relative to other firms. Critically, these gains are concentrated among the most productive knowledge‐worker firms, consistent with ...
Zhaozhao He, Modupe Babajide Wintoki
wiley +1 more source
Labor-capital relations in the construction sector in Poland [PDF]
The aim of this paper is to estimate the Cobb-Douglas production function and the CES (constant elasticity of substitution) function for the construction sector in Poland. The period since 2002 is analyzed.
Krzysztof Drachal
doaj
A study of Cobb-Douglas production function with differential geometry [PDF]
In this paper we shall made an analysis of Cobb-Douglas production function from the differential point of view. We shall obtain some interesting results about the nature of the points of the surface, the total curvature, the conditions when a production
Ioan, Alin Cristian; Nicolae Oncescu College, Braila
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