Name: BLS Working Papers: Estimated U.S. Manufacturing Capital and Technology Based on an Estimated Dynamic Economic Model (en Inglés)
Price: 32530.00 CLP
Availability: InStock
Author: Chen, Baoline
ISBN: 9781491258002

portada BLS Working Papers: Estimated U.S. Manufacturing Capital and Technology Based on an Estimated Dynamic Economic Model (en Inglés)

BLS Working Papers: Estimated U.S. Manufacturing Capital and Technology Based on an Estimated Dynamic Economic Model (en Inglés)

Formato

Libro Físico

Autor

Baoline Chen

Editorial

Createspace

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

28.0 x 21.6 x 0.3 cm

Peso

0.14 kg.

ISBN13

9781491258002

Categorías

Historia de la economía

BLS Working Papers: Estimated U.S. Manufacturing Capital and Technology Based on an Estimated Dynamic Economic Model (en Inglés)

Baoline Chen (Autor) · Createspace · Tapa Blanda

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Reseña del libro "BLS Working Papers: Estimated U.S. Manufacturing Capital and Technology Based on an Estimated Dynamic Economic Model (en Inglés)"

Time series of production capital and total factor productivity (or "technology," as we call the latter here) are fundamental to understanding the processes of output and productivity growth. Unfortunately, capital and technology are unobserved except at the most disaggregated levels of production units and capital components and must be estimated prior to being used in empirical analysis. Standard methods for estimating capital and technology were developed decades ago (Jorgenson, 1963; Solow, 1957) and are based on analytical and computational methods of that era. We develop and apply a new method for estimating production capital and technology, based on advances in economics, dynamic optimization, statistics, and computing over the intervening years.