Measuring factor productivity has been important in economics since its early days as a scientific discipline for a number of reasons. The first is the availability of systematically collected agricultural data after World War I, which allowed researchers to motivate and test newly developed...

We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output as a latent variable and relies on the first order condition for profit maximisation with respect to nonland inputs by competitive house builders. For parcels of a given size, we...

Researchers contributing to the empirical rent-sharing literature have typically resorted to estimating the responsiveness of workers' wages on firms' ability to pay in order to assess the extent to which employers share rents with their employees. This paper compares rent-sharing estimates...

There have been numerous studies concerning productivity, representing two general approaches toward measuring the concept. Parametric approaches specify the actual form of the production function based on theoretical assumptions, while non-parametric approaches use empirical best-practice cases...

Researchers contributing to the empirical rent-sharing literature have typically resorted to estimating the responsiveness of workers' wages on firms' ability to pay in order to assess the extent to which employers share rents with their employees. This paper compares rent-sharing estimates...

The classical stochastic frontier panel data models provide no mechanism for disentangling individual time-invariant unobserved heterogeneity from inefficiency. Greene (2005a, b) proposed the ‘true' fixed-effects specification, which distinguishes these two latent components while allowing for...

Instructor created recorded lectures were introduced to two principles of macroeconomics and two principles of microeconomics online courses to improve student outcomes. Using the education production function, both time spent and access were modeled using a first difference regression and...