ABSTRACT We address two important sources of bias that remain unaccounted for in most analyses of firm‐level productivity and trade policy; that is, omitted output price bias and demand shocks. Using firm‐level data that includes product‐level price and physical output measures, we mitigate the omitted output price bias typically encountered when using
Nida Jamil +2 more
wiley +1 more source
The treatment of non-essential inputs in a Cobb-Douglas technology : an application to Mexican rural household-level data [PDF]
The standard approach for fitting a Cobb-Douglas production function to micro data with zero values is to replace those values with"sufficiently small"numbers to facilitate the logarithmic transformation.
Soloaga, Isidro
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Subsidies and Awards in Movie Production [PDF]
This article analyzes the effect of subsidies and awards on the Spanish motion picture industry. We estimate a Cobb-Douglas production function using regional data, showing that it exhibits constant returns to scale and that awards positively affect ...
Betty Agnani, Henry Aray
core
Output Maximization of an Agency [PDF]
Considering Cobb-Douglas function in three variables as an explicit form of production function, in this paper an attempt has been made to maximize an output subject to a budget constraint, using Lagrange multipliers technique, as well as necessary and ...
Haradhan Kumar Mohajan +2 more
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Technical Efficiency of Small Holder Cocoyam Production in Anambra State,Nigeria: A Cobb-Douglas Stochastic Frontier Production Approach [PDF]
This study employed a Cobb-Douglas stochastic frontier production function to measure the level of technical efficiency and its determinants in small-holder cocoyam production in Anambra state, Nigeria. A Multi-stage random sampling technique was used to
Asumugha, G.N +2 more
core +1 more source
Estimating contribution of factors to long-term growth in Romania [PDF]
The paper analyses the dynamics and structure of GDP in Romania during the transition period. Starting from the classical Cobb-Douglas production model, the paper investigates different scenarios for the Romanian economy on the basis of different ...
Albu, Lucian-Liviu
core +1 more source
COMPARISON OF AGRICULTURAL FARM EFFICIENCY IN SLOVAK REGIONS BEFORE AND AFTER EU ACCESSION [PDF]
This paper presents results of stochastic parametric approach used in estimation of farm technical efficiency. The estimation of output oriented technical efficiency was based on Stochastic Frontier analysis with Cobb-Douglas production function.
Kovae, S., Kropkova, Z., Sojkova, Z.
core +1 more source
Multicollinearity Problem in Cobb-Douglas Production Function
Maryouma Enaami +2 more
openaire +1 more source
Determinants of meat and milk production of Awassi sheep in Syria: A Cobb-Douglas production function estimation approach. [PDF]
AlFraj NK.
europepmc +1 more source
Labour Reallocation and Total Factor Productivity Growth in China [PDF]
This paper carries out an empirical investigation of the contribution of labour reallocation, which can produce efficiency gains over and above those associated with technical progress, to total factor productivity in China during the pre-reform and post-
Sarantis, Nicholas, You, Kefei
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