메뉴 건너뛰기




Volumn 37, Issue 2, 1996, Pages 177-201

Production function regressions, returns to scale, and externalities

Author keywords

Cyclical utilization; External effects; Increasing returns; Instrumental variables

Indexed keywords


EID: 0030115873     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3932(96)90033-1     Document Type: Article
Times cited : (186)

References (33)
  • 3
    • 33744617374 scopus 로고
    • Procyclical productivity: Increasing returns or cyclical utilization?
    • forthcoming
    • Basu, S., 1994, Procyclical productivity: Increasing returns or cyclical utilization?, Quarterly Journal of Economics, forthcoming.
    • (1994) Quarterly Journal of Economics
    • Basu, S.1
  • 4
    • 0003774576 scopus 로고
    • Constant returns and small markups in U.S. Manufacturing
    • Board of Governors of the Federal Reserve System, Washington, DC
    • Basu, S. and J.G. Fernald, 1994, Constant returns and small markups in U.S. manufacturing, International finance discussion paper no. 483 (Board of Governors of the Federal Reserve System, Washington, DC).
    • (1994) International Finance Discussion Paper , vol.483
    • Basu, S.1    Fernald, J.G.2
  • 5
    • 0001175591 scopus 로고
    • Are apparent productive spillovers a figment of specification error?
    • Basu, S. and J.G. Fernald, 1995a, Are apparent productive spillovers a figment of specification error?, Journal of Monetary Economics 36, 165-188.
    • (1995) Journal of Monetary Economics , vol.36 , pp. 165-188
    • Basu, S.1    Fernald, J.G.2
  • 6
    • 0011451658 scopus 로고
    • Aggregate productivity and the productivity of aggregates
    • Basu, S. and J.G. Fernald, 1995b, Aggregate productivity and the productivity of aggregates, NBER working paper no. 5382.
    • (1995) NBER Working Paper , vol.5382
    • Basu, S.1    Fernald, J.G.2
  • 7
    • 0003366042 scopus 로고
    • Productive externalities and the business cycle
    • Federal Reserve Bank of Minneapolis, Minneapolis, MN
    • Baxter, M. and R.G. King, 1992, Productive externalities and the business cycle, Institute for Empirical Macroeconomics discussion paper no. 53 (Federal Reserve Bank of Minneapolis, Minneapolis, MN).
    • (1992) Institute for Empirical Macroeconomics Discussion Paper , vol.53
    • Baxter, M.1    King, R.G.2
  • 11
    • 0000812606 scopus 로고
    • Growth and indeterminacy in dynamic models with externalities
    • Boldrin, M. and A. Rustichini, 1994, Growth and indeterminacy in dynamic models with externalities, Econometrica 62, 323-342.
    • (1994) Econometrica , vol.62 , pp. 323-342
    • Boldrin, M.1    Rustichini, A.2
  • 14
    • 0011448919 scopus 로고
    • The role of external economies in U.S. Manufacturing
    • Caballero, R. and R. Lyons, 1989, The role of external economies in U.S. manufacturing, NBER working paper no. 3033.
    • (1989) NBER Working Paper , vol.3033
    • Caballero, R.1    Lyons, R.2
  • 15
    • 44049119782 scopus 로고
    • External effects in U.S. procyclical productivity
    • Caballero, R. and R. Lyons, 1992, External effects in U.S. procyclical productivity, Journal of Monetary Economics 29, 209-226.
    • (1992) Journal of Monetary Economics , vol.29 , pp. 209-226
    • Caballero, R.1    Lyons, R.2
  • 18
    • 33744629172 scopus 로고
    • Multiple equilibria in a growth model with monopolistic competition
    • Gali, J., 1992, Multiple equilibria in a growth model with monopolistic competition, CEPR discussion paper no. 751.
    • (1992) CEPR Discussion Paper , vol.751
    • Gali, J.1
  • 19
    • 20044388717 scopus 로고
    • Monopolistic competition, business cycles, and the composition of aggregate demand
    • Gali, J., 1994, Monopolistic competition, business cycles, and the composition of aggregate demand, Journal of Economic Theory 63, 73-96.
    • (1994) Journal of Economic Theory , vol.63 , pp. 73-96
    • Gali, J.1
  • 20
    • 0011450886 scopus 로고
    • Manuscript (Clark University, Worcester, MA)
    • Gray, W.B., 1989, Productivity database, Manuscript (Clark University, Worcester, MA).
    • (1989) Productivity Database
    • Gray, W.B.1
  • 22
    • 84935454255 scopus 로고
    • The relation between price and marginal cost in U.S. Industry
    • Hall, R.E., 1988, The relation between price and marginal cost in U.S. industry, Journal of Political Economy 96, 921-947.
    • (1988) Journal of Political Economy , vol.96 , pp. 921-947
    • Hall, R.E.1
  • 23
    • 0002434539 scopus 로고
    • Invariance properties of Solow's productivity residual
    • P. Diamond, ed., MIT Press, Cambridge, MA
    • Hall, R.E., 1990, Invariance properties of Solow's productivity residual, in: P. Diamond, ed., Growth/productivity/employment (MIT Press, Cambridge, MA) 71-112.
    • (1990) Growth/Productivity/Employment , pp. 71-112
    • Hall, R.E.1
  • 24
    • 38249003358 scopus 로고
    • Monopolistic competition, increasing returns to scale, and the importance of productivity shocks
    • Hornstein, A., 1993, Monopolistic competition, increasing returns to scale, and the importance of productivity shocks, Journal of Monetary Economics 31, 299-316.
    • (1993) Journal of Monetary Economics , vol.31 , pp. 299-316
    • Hornstein, A.1
  • 25
    • 0002803054 scopus 로고
    • Productivity and economic growth
    • E.R. Berndt and J.E. Triplett, eds., University of Chicago Press, Chicago, IL
    • Jorgenson, D.W., 1990, Productivity and economic growth, in: E.R. Berndt and J.E. Triplett, eds., Fifty years of economic measurement (University of Chicago Press, Chicago, IL) 19-118.
    • (1990) Fifty Years of Economic Measurement , pp. 19-118
    • Jorgenson, D.W.1
  • 27
    • 84959799833 scopus 로고
    • Multiple expectational equilibria under monopolistic competition
    • Kiyotaki, N., 1988, Multiple expectational equilibria under monopolistic competition, Quarterly Journal of Economics 103, 695-713.
    • (1988) Quarterly Journal of Economics , vol.103 , pp. 695-713
    • Kiyotaki, N.1
  • 28
    • 84936526527 scopus 로고
    • Increasing returns and long-run growth
    • Romer, P.M., 1986, Increasing returns and long-run growth, Journal of Political Economy 94, 1002-1037.
    • (1986) Journal of Political Economy , vol.94 , pp. 1002-1037
    • Romer, P.M.1
  • 29
    • 0002872484 scopus 로고
    • Dynamic general equilibrium model with imperfectly competitive product markets
    • T.F. Cooley, ed., Princeton University Press, Princeton, NJ
    • Rotemberg, J.J. and M. Woodford, 1995, Dynamic general equilibrium model with imperfectly competitive product markets, in: T.F. Cooley, ed., Frontiers of business cycle research (Princeton University Press, Princeton, NJ) 243-293.
    • (1995) Frontiers of Business Cycle Research , pp. 243-293
    • Rotemberg, J.J.1    Woodford, M.2
  • 31
    • 0001213058 scopus 로고    scopus 로고
    • Instrument relevance in multivariate linear models: A simple measure
    • forthcoming
    • Shea, J., 1996, Instrument relevance in multivariate linear models: a simple measure, Review of Economics and Statistics, forthcoming.
    • (1996) Review of Economics and Statistics
    • Shea, J.1
  • 32
    • 0003333191 scopus 로고
    • Instrumental variables regression with weak instruments
    • Staiger, D. and J. Stock, 1994, Instrumental variables regression with weak instruments, NBER technical working paper no. 151.
    • (1994) NBER Technical Working Paper , vol.151
    • Staiger, D.1    Stock, J.2
  • 33
    • 0000522564 scopus 로고
    • Increasing returns and animal spirits
    • Weil, P., 1989, Increasing returns and animal spirits, American Economic Review 79, 889-894.
    • (1989) American Economic Review , vol.79 , pp. 889-894
    • Weil, P.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.