measurement-issues-and-behavior-of-productivity-variables

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Measurement Issues And Behavior Of Productivity Variables

Author : Ali Dogramaci
ISBN : 9789401568678
Genre : Business & Economics
File Size : 58. 54 MB
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This book presents a set of papers from the leading edge of current research on productivity analysis. The focus is on alternative forms of measurement, methods, and their implications. The book begins with a chapter by V. Corbo and J. de Melo comparing the effects of using different production frontier models for measuring technical efficiency when using census data. The second chapter (by H. Pesaran and R. Tarling) is a detailed analysi·s of measurement of labor and its variations over time. The next two chapters concern the measurement of capital. The first of these is written by M. F. Mohr; the second is by B. M. Fraumeni and D. W. Jorgenson. The final chapter is by I. B. Kravis, A. W. Heston, and R. Summers and concerns the behavior of productivity and service prices. Decisions for improving productivity rely upon explicit as well as implicit assumptions on how productivity is related to a variety of factors. Determining the right relationships hinges on how these factors are measured and how the models are set. This is why better understanding of measurement issues and behavior of variables related to productivity can lead more effective policies. We plan to continue in this series to present the current research of major different schools of thought in the field.

Measurement Issues And Behavior Of Productivity Variables

Author : Ali Dogramaci
ISBN : 9401568693
Genre : Business & Economics
File Size : 75. 83 MB
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This book presents a set of papers from the leading edge of current research on productivity analysis. The focus is on alternative forms of measurement, methods, and their implications. The book begins with a chapter by V. Corbo and J. de Melo comparing the effects of using different production frontier models for measuring technical efficiency when using census data. The second chapter (by H. Pesaran and R. Tarling) is a detailed analysi·s of measurement of labor and its variations over time. The next two chapters concern the measurement of capital. The first of these is written by M. F. Mohr; the second is by B. M. Fraumeni and D. W. Jorgenson. The final chapter is by I. B. Kravis, A. W. Heston, and R. Summers and concerns the behavior of productivity and service prices. Decisions for improving productivity rely upon explicit as well as implicit assumptions on how productivity is related to a variety of factors. Determining the right relationships hinges on how these factors are measured and how the models are set. This is why better understanding of measurement issues and behavior of variables related to productivity can lead more effective policies. We plan to continue in this series to present the current research of major different schools of thought in the field.

Fifty Years Of Economic Measurement

Author : Ernst R. Berndt
ISBN : 9780226044316
Genre : Business & Economics
File Size : 82. 65 MB
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This volume contains papers presented at a conference in May 1988 in Washington, D.C., commemorating the fiftieth anniversary of the founding of the Conference on Research in Income and Wealth (CRIW). The call for papers emphasized assessments of broad topics in economic measurement, both conceptual and pragmatic. The organizers desired (and succeeded in obtaining) a mix of papers that, first, illustrate the range of measurement issues that economics as a science must confront and, second, mark major milestones of CRIW accomplishment. The papers concern prices and output (Griliches, Pieper, Triplett) and also the major productive inputs, capital (Hulten) and labor (Hamermesh). Measures of saving, the source of capital accumulation, are covered in one paper (Boskin); measuring productivity, the source of much of the growth in per capita income, is reviewed in another (Jorgenson). The use of economic data in economic policy analysis and in regulation are illustrated in a review of measures of tax burden (Atrostic and Nunns) and in an analysis of the data needed for environmental regulation (Russell and Smith); the adequacy of data for policy analysis is evaluated in a roundtable discussion (chapter 12) involving four distinguished policy analysts with extensive government experience in Washington and Ottawa.

Productivity Postwar U S Economic Growth

Author : Dale Weldeau Jorgenson
ISBN : 0262100495
Genre : Business & Economics
File Size : 43. 44 MB
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Postwar US Economic Growth traces the outstanding postwarperformance of the US economy to investments in tangible assets and human capital.

Cad Cam Cae Systems

Author : Mark E. Coticchia
ISBN : 082478961X
Genre : Computers
File Size : 32. 74 MB
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This new edition has been thoroughly updated and expanded to reflect the state-of-the-practice of CAD/CAM/CAE systems.;Maintaining and enhancing the style of presentation of the first edition, CAD/CAM/CAE Systems (second edition) aims to provide a broad, solid understanding of each critical issue involved with the implementation and evaluation of systems; gives industry tested cost justification models to assess the feasibility of purchasing or leasing a system; supplies step-by-step explanations of every aspect of implementation, from initial facility planning to long-term maintenance; shows how to prepare personnel for a new system, including job skills, training stages, organization, and adminstration; illustrates a complete system audit, including five important approaches to determining overall success, six areas that can be judged separately, the dangers of benchmarking, and a two-year follow-up study; and more.;Furnishing the most up-to-date methods, CAD/CAM/CAE Systems, Second edition offers new features such as: a study of the proliferation of personal computers and their role in organizations; a discussion of the benefits and drawbacks of value added remarketers as an alternative to purchasing from conventional CAD/CAM companies; an examination of the cost-effectiveness of third party service organizations; and more. CAD/CAM/CAE Systems is intended as a guide for software, hardware, mechanical, manufacturing, industrial, and design engineers; draftspersons; managers; purchasing agents, acquisition personnel, and company officers responsible for deciding on CAD/CAM/CAE system implementation or augmentation; and graduate-level and continuing-education students in these disciplines.

Productivity International Comparisons Of Economic Growth

Author : Dale Weldeau Jorgenson
ISBN : 0262100509
Genre : Business & Economics
File Size : 72. 85 MB
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These two volumes present empirical studies that have permanently altered professional debates over investment and productivity as sources of postwar economic growth in industrialized countries. The distinctive feature of investment is that returns can be internalized by the investor. The most straightforward application of this idea is to investments that create property rights, but these volumes broaden the meaning of capital formation to include investments in education and training. International Comparisons of Economic Growth focuses on comparisons among industrialized countries. Although Germany and Japan are often portrayed as economic adversaries of the U.S., postwar experiences in all three countries support policies that give high priority to stimulating and rewarding capital formation. In the Asian model of growth exemplified by Japan investments in tangible assets and human capital are especially critical during periods of rapid growth.

Applications Of Modern Production Theory

Author : Ali Dogramaci
ISBN : 9789400932531
Genre : Business & Economics
File Size : 20. 14 MB
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Productivity Growth And The Competitiveness Of The American Economy

Author : Stanley W. Black
ISBN : 9789400924949
Genre : Business & Economics
File Size : 49. 5 MB
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swollen with deutschemarks and yen newly created to purchase unwanted dollars from the markets. When the Bundesbank and the Bank of Japan began to raise their interest rates to slow domestic monetary expansion, the fabric of international monetary cooperation began to unravel. Amid charge and counter-charge by disgruntled fmance ministers, the dollar dropped further and interest rates jumped upward, leading to panic in the stock market on Black Monday. Fortunately, a steady hand and generous supply of credit from the Federal Reserve System prevented massive bankruptcies among Wall Street brokerage houses and a collapse of the credit system. But the world-wide reverberations of the Wall Street crash exposed the underlying weaknesses of an economy based on foreign borrowing for all to see. Furthermore, the banking system is saddled with mountains of bad debts from the Third World and depressed parts of the American economy. A new Administration entering office in 1989 must deal with these problems, among others. Businesses and state and local governments need to know whether to focus their efforts on tax policy, investment, and improvements in education and worker training, or lobbying for protection from imports. The papers in this volume were chosen to explain the causes of present competitive problems in American industry and the factors that can lead to their gradual solution.

Econometrics Econometric Modeling Of Producer Behavior

Author : Dale Weldeau Jorgenson
ISBN : 0262100827
Genre : Business & Economics
File Size : 20. 3 MB
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This volume summarizes the economic theory, the econometric methodology and the empirical findings resulting from the new approach to econometric modelling of producer behaviour.

The Measurement Of Saving Investment And Wealth

Author : Robert E. Lipsey
ISBN : 9780226484716
Genre : Business & Economics
File Size : 73. 34 MB
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There is probably no concept other than saving for which U.S. official agencies issue annual estimates that differ by more than a third, as they have done for net household saving, or for which reputable scholars claim that the correct measure is close to ten times the officially published one. Yet despite agreement among economists and policymakers on the importance of this measure, huge inconsistencies persist. Contributors to this volume investigate ways to improve aggregate and sectoral saving and investment estimates and analyze microdata from recent household wealth surveys. They provide analyses of National Income and Product Account (NIPA) and Flow-of-Funds measures and of saving and survey-based wealth estimates. Conceptual and methodological questions are discussed regarding long-term trends in the U.S. wealth inequality, age-wealth profiles, pensions and wealth distribution, and biases in inferences about life-cycle changes in saving and wealth. Some new assessments are offered for investment in human and nonhuman capital, the government contribution to national wealth, NIPA personal and corporate saving, and banking imputation.

Productivity And U S Economic Growth

Author : Dale Jorgenson
ISBN : 9781483295879
Genre : Business & Economics
File Size : 45. 53 MB
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Between 1948 and 1979, economic activity in the United States increased almost twice as much as over the entire preceding course of American history. The traditional explanation of this remarkable development emphasizes productivity growth. In the most sophisticated study to date of the factors currently affecting economic growth, the authors of this book show that capital formation is far more important, with the growth of labor resources and productivity a distant second. Their conclusions rest on a far more detailed empirical base than any ever assembled in studies of economic growth. For example, the authors distinguish among 81,600 types of labor input – broken down by age, sex, education, occupation, and industry of employment. Similarly, they disaggregate capital by industry, class of asset, and tax treatment. Their analysis of economic growth is from the ``bottom up'' rather than the ``top down'' approach used in earlier work. The new findings imply that efforts to revive U.S. economic growth must focus on increased supplies of capital and labor inputs. This is the key to more rapid growth and international competition. One of the most important features of the book is the way in which it successfully integrates the theory of producer behavior with the indexing and measurement of production growth. The authors present startling new findings showing that less than one-fourth of overall growth is attributable to advances in productivity.

Understanding Long Run Economic Growth

Author : Dora L. Costa
ISBN : 9780226116341
Genre : Business & Economics
File Size : 55. 27 MB
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The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.

Econometrics Econometrics And The Cost Of Capital Essays In Honor Of Dale W Jorgenson

Author : Dale Weldeau Jorgenson
ISBN : 0262100835
Genre : Business & Economics
File Size : 87. 91 MB
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This volume summarizes the economic theory, the econometric methodology and the empirical findings resulting from the new approach to econometric modelling of producer behaviour.

Economic Development Of Roc And The Pacific Rim In The 1990s And Beyond

Author : Lawrence R Klein
ISBN : 9789814569903
Genre :
File Size : 21. 86 MB
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With the Taiwan experience as background, the major theme of this conference is to examine prospective economic development of Taiwan in the 1990s and beyond, together with discussions of the economic development of other countries in the Pacific Rim. Scholars from the United States like Lawrence R Klein (Pennsylvania), Gustav Ranis and John C H Fei (Yale), Lawrence J Lau (Stanford) and Hugh Patrick (Columbia); Chikashi Moriguchi, Mitsuo Saito, Shinichi Ichimura and Hisao Kanamori from Japan; and many others including Dr Samuel C Shieh, President of the Central Bank and Dr Shirley Kuo W Y, Chairperson of the Council for economy, contributed papers. Special guest speakers included President Lee Teng-Hui and Premier Hau Pei-Tsun. Contents: Key Factors for High Growth with Equity — The Taiwan Experience, 1952–1990 (S W Y Kuo)Prospects for Economic Performance in the Pacific Rim During the 1990s & the Early 21st Century (A Y C Koo)Prospects & Problems for the Advanced Industrial Economies of the Asia-Pacific Area (L R Klein)The Sources of Economic Growth of the Newly Industrialized Countries on the Pacific Rim (J I Kim & L J Lau)Special Problems of Asean Economies — Indonesia, Malaysia, Philippines, Thailand (V Socatiyanurak)Special Problems of Other Developing Countries of the Pacific Basin — The Economies in Transition of Southeast Asia and China, and of the Pacific Islands (J-P A Verbiest)Some General Equilibrium Model Estimates of the Impact of the Uruguay Round and of the “1992” Process in the European Community on the Newly Industralised Countries of East Asia (J Waelbroeck et al.)Demography & Aggregate Saving (A Ando)Economic Nexus between the Two Sides of the Taiwan Straits — With Special Emphasis on Hong Kong's Role (T-B Lin)Economic Basis of Integration within the Pacific Basin — A Summary (C Moriguchi)Technological Trends in the Pacific Basin (M Saito & I Tokutsu)Primary Production & Trade in the Pacific Basin (J T H Tsao)Economic Relations of the Pacific Basin with Restructuring Central Europe and the Former Soviet Union (A Simon)Correlation between Political Changes and Economic Changes in Asia — Past, Present and Future (H Kanamori)Stock Market in Pacific Basin Countries (M Keran)Financial Markets in the Pacific Basin: An Inside View (S C Shieh) Readership: Economists. keywords:

Manufacturing Firms In Developing Countries

Author : James R. Tybout
ISBN :
Genre : Developing countries
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What Would Repealing The Death Tax Mean For Small Business?

Author : United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Finance, and Exports
ISBN : PSU:000043069224
Genre : Family-owned business enterprises
File Size : 27. 30 MB
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The Economics Of The Estate Tax

Author : United States. Congress. Joint Economic Committee
ISBN : MINN:31951D01783151M
Genre : Inheritance and transfer tax
File Size : 26. 9 MB
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Navajo Gallup Water Supply Project

Author :
ISBN : NWU:35556036980241
Genre :
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An Empirical Analysis Of The Determinants Of Long Run Growth And Technical Progress In Southeast Asia

Author : Jesus Felipe
ISBN : UCSD:31822023426299
Genre : Asia, Southeastern
File Size : 21. 49 MB
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This research work is an empirical analysis of the determinants of long-run growth and technical progress in five Southeast Asian countries, Indonesia, Malaysia, the Philippines, Singapore, and Thailand, i.e., the ASEAN countries, during the last three decades. We ask the fundamental question of why these economies have grown, and concentrate on the nature of technical progress behind the growth process. We have tested different endogenous growth models, and have analyzed whether the determinant of technical progress proposed by each of the models is part of the long-run production function. The analysis concentrates on the individual countries, in an attempt to point out differences in the growth process and in the nature of the technical process associated to it. Our empirical findings indicate that an important determinant of long-run growth in the ASEAN countries is imports of foreign technology. However, none of the variables pointed out by recent endogenous growth models, i.e., aggregate capital, education, government capital expenditures, is capable of generating endogenous growth, as defined by these models. Even the role of exports, except in Singapore, is not so clear. Education, exports of machinery and GDP growth are important determinants of TFP growth in all five ASEAN countries, and Japanese FDI appears to be particularly important in Singapore. We have found complementarity between the level of education and Japanese FDI, as well as between the former and imports of machinery. However, we conclude that none of the determinants analyzed, separately, is capable of accounting for the growth of these countries, and that only a sustained big-push package can be responsible for the increase in productivity and growth in the region.

A London Bibliography Of The Social Sciences

Author :
ISBN : UOM:39015079896117
Genre : Catalogs, Subject
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Vols. 1-4 include material to June 1, 1929.

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