Three Essays On The Measurement Of Productivity
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Three Essays On The Measurement Of Productivity
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Author : Jakir Hussain
language : en
Publisher:
Release Date : 2017
Three Essays On The Measurement Of Productivity written by Jakir Hussain and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
This doctoral thesis consists of three essays. In the first essay I investigate the presence of productivity convergence in eight regional pulp and paper industries of U.S. and Canada over the period of 1971-2005. Expectation of productivity convergence in the pulp and paper industries of Canadian provinces and of the states of its southern neighbour is high since they are trading partners with fairly high level of exchanges in both pulp and paper products. Moreover, they share a common production technology that changed very little over the last century. I supplement the North-American regional data with national data for two Nordic countries, Finland and Sweden, which provides a scope to compare the productivity performances of four leading players in global pulp and paper industry. I find evidence in favour of the catch-up hypothesis among the regional pulp and paper industries of U.S. and Canada in my sample. The growth performance is at the advantage of Canadian provinces relative to their U.S. counterparts. However, it is not good enough to surpass the growth rates of this industry in the two Nordic countries. It is well-known that econometric productivity estimation using flexible functional forms often encounter violations of curvature conditions. However, the productivity literature does not provide any guidance on the selection of appropriate functional forms once they satisfy the theoretical regularity conditions. The second chapter of my thesis provides an empirical evidence that imposing local curvature conditions on the flexible functional forms affect total factor productivity (TFP) estimates in addition to the elasticity estimates. Moreover, I use this as a criterion for evaluating the performances of three widely used locally flexible cost functional forms - the translog (TL), the Generalized Leontief (GL), and the Normalized Quadratic (NQ) - in providing TFP estimates. Results suggest that the NQ model performs better than the other two functional forms in providing TFP estimates. The third essay capitalizes on newly available high frequency energy consumption data from commercial buildings in the District of Columbia (DC) to provide novel insights on the realized energy use impacts of energy efficiency standards in commercial buildings. Combining these data with hourly weather data and information on tenancy contract structure I evaluate the impacts of energy standards, contractual structure of utility bill payments, and energy star labeling on account level electricity consumption. Using this unique panel dataset, the analysis takes advantage of detailed building-level characteristics and the heterogeneity in the building age distribution, resulting in buildings constructed before and after mandatory energy standards came into effect. Estimation results suggest that in commercial buildings constructed under a code, electricity consumption is lower by about 0.48 kWh per cooling degree hour. When tenants pay for their own utilities, consumption is lower by 0.82 kWh per cooling degree hour. The Energy Star effect is a 0.31 kWh reduction per cooling degree hour. Finally, peak savings for all three variables of interest occur at 2pm in the summer months, whereas peak summer marginal prices at DC's local electric utility occur at 5pm.
Three Essays On Non Parametric Production Efficiency Analysis With Applications In Airline Industry
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Author : Xiaowen Hu
language : en
Publisher:
Release Date : 1997
Three Essays On Non Parametric Production Efficiency Analysis With Applications In Airline Industry written by Xiaowen Hu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with categories.
Three Essays On Firm Productivity In Industrial Organization And International Trade
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Author : Hongsong Zhang
language : en
Publisher:
Release Date : 2013
Three Essays On Firm Productivity In Industrial Organization And International Trade written by Hongsong Zhang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Three Essays On Marx S Value Theory
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Author : Samir Amin
language : en
Publisher: NYU Press
Release Date : 2013-10-01
Three Essays On Marx S Value Theory written by Samir Amin and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-01 with Business & Economics categories.
In this slim, insightful volume, noted economist Samir Amin returns to the core of Marxian economic thought: Marx’s theory of value. He begins with the same question that Marx, along with the classical economists, once pondered: how can every commodity, including labor power, sell at its value on the market and still produce a profit for owners of capital? While bourgeois economists attempted to answer this question according to the categories of capitalist society itself, Marx sought to peer through the surface phenomena of market transactions and develop his theory by examining the actual social relations they obscured. The debate over Marx’s conclusions continues to this day. Amin defends Marx’s theory of value against its critics and also tackles some of its trickier aspects. He examines the relationship between Marx’s abstract concepts—such as “socially necessary labor time”—and how they are manifested in the capitalist marketplace as prices, wages, rents, and so on. He also explains how variations in price are affected by the development of “monopoly- capitalism,” the abandonment of the gold standard, and the deepening of capitalism as a global system. Amin extends Marx’s theory and applies it to capitalism’s current trajectory in a way that is unencumbered by the weight of orthodoxy and unafraid of its own radical conclusions.
Three Essays On Productivity Rle Business Cycles
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Author : Mark J. Lasky
language : en
Publisher: Routledge
Release Date : 2015-03-27
Three Essays On Productivity Rle Business Cycles written by Mark J. Lasky and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-27 with Business & Economics categories.
The behaviour of US productivity since this book was originally publishedin 1994, has added new relevance to the relationship between profits and productivity. In the long run, productivity growth determines the economic standard of living. This book is divided into three parts: the basis of the first is the empirical finding that, controlling for normal business cycle effects, productivity grows faster when profits have been low than otherwise. The second part discusses how to measure marginal cost using time series data and the third tests a basic assumption that productivity growth is exogenous to labour and capital.
Three Essays On Productivity And Research And Development In U S Investor Owned Electric Utilities
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Author : Haru Connolly
language : en
Publisher:
Release Date : 1997
Three Essays On Productivity And Research And Development In U S Investor Owned Electric Utilities written by Haru Connolly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with categories.
Three Essays On Productivity Growth
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Author : Eric Jan Bartelsman
language : en
Publisher:
Release Date : 1991
Three Essays On Productivity Growth written by Eric Jan Bartelsman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Industrial productivity categories.
Three Essays On Firm Productivity
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Author : Anik Ashraf
language : en
Publisher:
Release Date : 2018
Three Essays On Firm Productivity written by Anik Ashraf and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Employees categories.
Measurement Of Productivity And Efficiency
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Author : Robin C. Sickles
language : en
Publisher: Cambridge University Press
Release Date : 2019-03-28
Measurement Of Productivity And Efficiency written by Robin C. Sickles and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-28 with Business & Economics categories.
Provides a comprehensive approach to productivity and efficiency analysis using economic and econometric theory.
Index Numbers Essays In Honour Of Sten Malmquist
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Author : Rolf Färe
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Index Numbers Essays In Honour Of Sten Malmquist written by Rolf Färe and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Professor Sten Malmquist constructed the Malmquist quantity index and in doing so developed a distance function defined on a consumption space. This function is the consumer analog to the Shephard input distance function of producers and is used in ratio form to define the quantity index. This volume contains new contributions based on Malmquist's work nearly 50 years ago and provides modern perspectives on the value of this research.