Dating to the classic works of Alonso, Mills, and Muth, the production function for housing has played a central role in urban economics and local public finance. This paper provides a new flexible approach for estimating the housing production function which treats housing quantities and prices...

Increasingly, entrepreneurship is being discussed and considered as a source of high economic growth and competitiveness. A conceptual process of creative construction that characterizes the dynamics between entrants and incumbents can prove quite useful to analyze the impact of countries'...

This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...

We examine the channels through which a randomized early childhood intervention in Colombia led to significant gains in cognitive and socio-emotional skills among a sample of disadvantaged children aged 12 to 24 months at baseline. We estimate the determinants of material and time investments in...

We apply a heterogeneous coefficients spatial autoregressive panel model capable of producing estimates of knowledge production function parameters for each region in the sample. Past literature has used conventional spatial autoregressive panel data models to relate patent production output to...

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...