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This paper offers a new method for nonparametric estimation - based on the Cobb-Douglas form - that is simple, easy to …
Persistent link: https://www.econbiz.de/10014069077
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...
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A growth accounting exercise is conducted for 88 countries for 1960-94 to examine the source of cross-country differences in total factor productivity (TFP) levels. Two differences distinguish this analysis from that of the related literature. First, the critical technology parameter-the share...
Persistent link: https://www.econbiz.de/10013317689
A growth accounting exercise is conducted for 88 countries for 1960-94 to examine the source of cross-country differences in total factor productivity (TFP) levels. Two differences distinguish this analysis from that of the related literature. First, the critical technology parameter—the share...
Persistent link: https://www.econbiz.de/10014400197
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