Results 141 to 150 of about 12,050,315 (258)

Adaptive Importance Sampling Estimation of an Open Economy Model With Fiscal Policy

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We propose and estimate an open economy general equilibrium model that includes international trade between Canada and the United States. We estimate our model using a new adaptive methodology based on the mixture of student's t$$ t $$ by Importance Sampling weighted Expectation–Maximisation (MitISEM).
Stefano Grassi, Marco Lorusso, Francesco Ravazzolo   +2 more
wiley   +1 more source

On Restricted Least Squares: the Cobb-Douglas Production Function for the Nigerian Economy

, 2012
The Cobb-Douglas production function (Y = AL?K?) is still today the most ubiquitous form in theoretical and empirical analyses of growth and productivity (Felipe and Adams, 2005). This paper examines the Nigerian economy from 1990 to 2009 and uses the “F-
Justus A, ADEMUYIWA, Ademola G, IBRAHEEM, Ademola A, ADETUNJI   +2 more
core   +1 more source

MULTI-OBJECTIVE TIME-COST OPTIMIZATION USING COBB-DOUGLAS PRODUCTION FUNCTION AND HYBRID GENETIC ALGORITHM [PDF]

, 2013
Existing research on construction time-cost tradeoff issues rarely explore the origin of the crashing cost. Crashing cost function was either assumed without much justification, or came from historical data of some real projects.
Hassani, Ashkan, Shen, Zhigang, Shi, Qian   +2 more
core  

Growth and Development Accounting Between 1990 and 2019: Theoretical Revisions, Methodological Clarifications, and Empirical Results

Review of Development Economics, EarlyView.
ABSTRACT Focusing on productivity measurement, this article contributes to the growth and development accounting literature by improving the accuracy of results within the existing framework—without introducing new variables. We implement three simultaneous revisions to the standard growth and development accounting frameworks: (i) accounting for labor
Georges Daw
wiley   +1 more source

Trade Reform in Services: Structural Change and Production Networks

Review of International Economics, EarlyView.
ABSTRACT We study the effects of services trade reforms in a multi‐country multi‐sector quantitative trade model with input–output linkages. Services matter both as final consumption and as production inputs: cheaper traded services lower household prices directly and reduce the costs of downstream producers also indirectly.
Adam Jakubik, Wentao Zhou
wiley   +1 more source

The Utilization of the Cobb-Douglas Production Function for Analyzing Indonesia\u27s and Malaysia\u27s Economic Growth [PDF]

, 2014
This paper presents the utilization Cobb-Douglas production function in its classical form for analyzing Indonesia\u27s and Malaysia\u27s economic growth in relation to the intensity of using capital and labour as determinants of the ...
Wulan, Elis Ratna
core  

Basic income and employment

The Scandinavian Journal of Economics, EarlyView.
Abstract We analyse the general equilibrium implications of introducing a universal basic income (UBI) for employment and income in an economy characterized by involuntary unemployment. Our framework allows tax revenues and workers' reservation wages to adjust endogenously with employment to satisfy the government's budget constraint.
Marta Aloi, Teresa Lloyd‐Braga
wiley   +1 more source

Optimal Export Taxes in Global Value Chain

The World Economy, EarlyView.
ABSTRACT The determinants and optimality of implemented export taxes have long been understudied. In this work, I analyze how a country's optimal export taxes on products are influenced by their usage as inputs in traded final products. I decompose the influence of input–output linkages in the Global Value Chain (GVC) on optimal export policy into ...
Yuting Gao
wiley   +1 more source

Rethinking the Discrete‐Continuous Choice Problem by Uncovering Asymmetry in High‐Resolution Urban Modeling

Geographical Analysis, Volume 59, Issue 1, January 2027.
ABSTRACT A primary bottleneck in integrated urban simulation is the Discrete‐Continuous Choice problem within Land Use Supply modeling, specifically, the challenge of simultaneously determining building type and floorspace capacity. This study develops a high‐resolution, parcel‐level, multi‐stage econometric framework in which the bidirectional ...
Jiaxin Zhang, Eric J. Miller
wiley   +1 more source

A Bayesian Time-Varying Coefficient Model for Cobb–Douglas Production Function

This paper proposes a Bayesian varying coefficient model to estimate parameters exhibiting time-dependence in the Cobb–Douglas (CD) production function.
Jongwoo Choi, Jaeoh Kim, Seongil Jo
core   +1 more source