| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w3041 |
| 来源ID | Working Paper 3041 |
| Dynamic Factor Demand Models, Productivity Measurement, and Rates of Return: Theory and an Empirical Application to the U.S. Bell System | |
| M. Ishaq Nadiri; Ingmar R. Prucha | |
| 发表日期 | 1989-07-01 |
| 出版年 | 1989 |
| 语种 | 英语 |
| 摘要 | Prucha and Nadiri (1982,1986,1988) introduced a methodology to estimate systems of dynamic factor demand that allows for considerable flexibility in both the choice of the functional form of the technology and the expectation formation process. This paper applies this methodology to estimate the production structure, and the demand for labor, materials, capital and R&D by the U.S. Bell System. The paper provides estimates for short-, intermediate- and long-run price and output elasticities of the inputs, as well as estimates on the rate of return on capital and R&D. The paper also discusses the issue of the measurement of technical change if the firm is in temporary rather than long-run equilibrium and the technology is not assumed to be linear homogeneous The paper provides estimates for input and output based technical change as well as for returns to scale. Furthermore, the paper gives a decomposition of the traditional measure of total factor productivity growth. |
| 主题 | Econometrics |
| URL | https://www.nber.org/papers/w3041 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/560316 |
| 推荐引用方式 GB/T 7714 | M. Ishaq Nadiri,Ingmar R. Prucha. Dynamic Factor Demand Models, Productivity Measurement, and Rates of Return: Theory and an Empirical Application to the U.S. Bell System. 1989. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w3041.pdf（306KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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