This chapter considers the evidence on productivity growth in transportation industries and provides a critical review of efforts to distinguish the nature and sources of technical progress. Regulatory reform and technological advance have contributed to productivity growth that is nonneutral...

This article introduces a two-step empirical approach for examining both the nature and sources of non-neutral technical change across multiple occupations. First, conventional labour-demand parameter estimates and unbiased tests for neutrality are obtained in the context of a flexible cost...

This article applies recent advances in productivity and efficiency measurement to the evaluation of skillbiased technical change. Using the general index approach we are able to establish an explicit and unconstrained time path for nonneutral technical change between production and...

The traditional concentration of basic research activities in academic settings, with applied research more prevalent in industrial settings, is a distinguishing feature of science and technology markets. This structure arises from a unique combination of product characteristics, and in turn it...

Non-traditional retailers such as warehouse club stores, discount drug stores, and discount mass merchandisers are new competitors for traditional food retailers. It is expected that non-traditional retailers will account for roughly 14 percent of total grocery sales by the turn of the century....

This paper contrasts the performance of heterogeneous and shrinkage estimators versus the more traditional homogeneous panel data estimators. The analysis utilizes a panel data set from 21 French regions over the period 1973–1998 and a dynamic demand specification to study the gasoline demand...

<DIV>The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As...</i></div>