The paper analyzes the production structure and the demand for inputs in three major industrialized countries, the U ….S., Japan and Germany. A dynamic factor demand model with two variable inputs (labor and energy)and two quasi-fixed inputs … differences in factor demand schedules; we also find that for all countries the speed of adjustment for capital is higher than …

In this paper we discuss recent advances in modeling and estimating dynamic factor demand models, and review the use of … such models in analyzing the production structure, the determinants of variable and quasi-fixed factors, and productivity … growth. The paper also discusses the traditional approach to productivity analysis based on the Divisia index number …

In this paper, we examine the sources of the productivity growth in the U.S. computer industry from 1978 to 1999. We … and product innovations. Based on the estimation results, we decompose total factor productivity (TFP) growth rate into …

.S. aggregate labor productivity, and 2) whether the same set of forces account for the slowdown of sectoral productivity growth as … well. We specify a model which relates measured labor productivity growth to capital/labor ratio, level and rate of change … aggregate data for the period 1949-1978.The results of the estimation suggest that the pattern of aggregate productivity growth …

determining the rate of growth of total factor productivity (TFP) . Specifically, we propose and illustrate a methodology for …

sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …

percent by relaxing the assumption of cost minimization. Demand and substitution elasticities are nearly twice as large under …. Finally, cost models based on these three common assumptions over state the level of productivity growth by as much as 40%. By … correctly modeling and estimating the production technique, our most general model predicts a level of productivity growth which …

This paper presents estimates of the productivity and factor bias effects of interindustry Ramp;D spillovers for five …

, profitability, and productivity growth. Asymmetric information generates agency costs of debt and signaling benefits of dividends … benefits contribute 4.2 percent to total factor productivity growth, while agency costs reduce efficiency by 3.3 percent. Thus …