Using business survey data, we estimate an ordered probit model to explain the occurrence of producer price increases and decreases in the French manufacturing industry. Our results show that changes in intermediate input prices are the main driver of producer price changes. Changes in firms'...

This paper suggests a new explanation for changes in economic and population growth with a long run perspective, emphasizing the role of land in the development process. Starting from a pre-industrialization state called the “Malthusian regime”, land and labor are the main production...

Private property in land has often been criticized because it is supposed to bring about a waste of productive resources weakening economic growth. Indeed, because it is non reproductible, land earns a rent which increases in a growing economy and whose capitalization decreases the "productive"...

An overlapping generations model is examined, where fertility behaviors are endogenous. A PAYG pension scheme introduces an externality on fertility behaviors. The competitive equilibrium dynamics and the steady state are defined. Two instruments, pensions and child benefits, are necessary to...

Based on a reduced-form state-dependent pricing model with random thresholds, we specify and estimate a nonlinear panel data model with an unobserved factor representing the common cost or demand components of the unobserved optimal price. Using this model, we are able to assess the relative...

Using a panel of more than 3,100 French corporate groups' affiliates and parent companies, we estimate a production function model where we enable the productivity of a firm to depend on the knowledge produced by the R&D activities of the other companies in the group. We find indeed that a...

[spa] Estimación de ganancias con datos de panel: caracter endógeno del capital humano y efectos de la selección, . por Yves Guillotin y Patrick Sevestre.. . El objectivo de este artículo es de analizar dos de las dificultades con las que se tropieza cuando se prétende realizar tests...