Results for *

Displaying results 1 to 7 of 7.

  1. Nonparametric identification of production function, total factor productivity, and markup from revenue data
    Published: November 2020
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    Commonly used methods of production function estimation assume that a firm's output quantity can be observed as data, but typical datasets contain only revenue, not output quantity. We examine the nonparametric identification of production function... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
    No inter-library loan

     

    Commonly used methods of production function estimation assume that a firm's output quantity can be observed as data, but typical datasets contain only revenue, not output quantity. We examine the nonparametric identification of production function from revenue data when a firm faces a general nonparametric demand function under imperfect competition. Under standard assumptions, we provide the constructive nonparametric identification of various firm-level objects: gross production function, total factor productivity, price markups over marginal costs, output prices, output quantities, a demand system, and a representative consumer’s utility function.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/229485
    Series: CESifo working paper ; no. 8667 (2020)
    Subjects: nonparametric identification; production function; markup; total factor productivity; revenue
    Scope: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  2. The effect of climate policy on productivity and cost pass-through in the German manufacturing sector
    Published: September 2020
    Publisher:  Universität Basel, Wirtschaftswissenschaftliche Fakultät, Basel, Switzerland

    We investigate productivity and cost pass-through of German manufacturing firms using administrative data from 2001 to 2014. Our framework allows for the estimation of quantity-based production functions for multi-product firms while controlling for... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 523
    No inter-library loan

     

    We investigate productivity and cost pass-through of German manufacturing firms using administrative data from 2001 to 2014. Our framework allows for the estimation of quantity-based production functions for multi-product firms while controlling for unobserved productivity shocks and unobserved input quality. Using our parameter estimates, we can compute total factor productivity, markups and marginal costs. We find no effect of the EU ETS on firm productivity or profits for the whole sector, and a positive effect for some industries. Firms pass on shocks to materials costs completely, or even more than completely, whereas pass-through of energy costs is around 35-60%. Although pass-through of energy costs is incomplete, it nevertheless allowed firms to recover more than their total carbon costs due to generous free allocation of allowances. Our results add to the recent literature concerning the causal effects of climate policy on firms and are relevant for policy makers when defining the level of free allowance allocation to industry.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/240420
    Series: WWZ working paper ; 2020, 11
    Subjects: Productivity; production function; markup; cost pass-through; EU ETS; climate policy
    Scope: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  3. Joint identification of monopoly and monopsony power
    Published: June 2020
    Publisher:  Szkoła Główna Handlowa w Warszawie, Warszawa

    Access:
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 595
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Collegium of Economic Analysis working paper series ; number: 2020, 051
    Subjects: markup; wedge; monopsony power; identi cation
    Scope: 1 Online-Ressource (circa 7 Seiten)
  4. A general characterization of the capital cost and the natural interest rate: an application for Brazil
    Published: [2020]
    Publisher:  Banco Central do Brasil, Brasília, DF, Brazil

    Access:
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Keine Rechte
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper series / Banco Central do Brasil ; 524 (July 2020)
    Subjects: natural interest rate; Brazil; markup; savings rate; subsidized lending
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  5. Competition, profit share and concentration
    Published: [2020]
    Publisher:  INSEE, Institut national de la statistique et des études économiques, Montrouge, France

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 681
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Documents de travail / Institut national de la statistique et des études économiques ; no. G2020, 04 (Septembre 2020)
    Subjects: Competition; growth; labor share; markup
    Scope: 1 Online-Ressource (circa 66 Seiten), Illustrationen
  6. Market power and labor share
    Published: [2020]
    Publisher:  INSEE, Institut national de la statistique et des études économiques, Montrouge, France

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 681
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Documents de travail / Institut national de la statistique et des études économiques ; no. G2020, 13 (Décembre 2020)
    Subjects: Labor share; markup; competition; production function
    Scope: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  7. Dynamics of markups, concentration and product span
    Published: 12 June 2020
    Publisher:  Centre for Economic Policy Research, London

    Access:
    Verlag (lizenzpflichtig)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    LZ 161
    No inter-library loan
    Universitätsbibliothek Mannheim
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP14881
    Subjects: single- and multi-product firms; firm dynamics; industry dynamics; markup; market share; product span
    Scope: 1 Online-Ressource (circa 30 Seiten), Illustrationen