Identifying productivity when it is a factor of production.
Economists typically model a plant's productivity as an exogenous characteristic, but the people who run and work at manufacturing plants make choices, at a cost, that affect plant productivity. I develop a method to partially identify the productivity distribution when such choices determine produc...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 51; no. 2; pp. 496 - 531 |
|---|---|
| Autor principal: | |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Jun2020
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=143852200&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 143852200 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 07416261 56RJ jtl: RAND Journal of Economics (Wiley-Blackwell) issn: 07416261 maglogo: Y pubinfo: dt: Jun2020 vid: 51 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 143852200 10.1111/1756-2171.12323 ppf: 496 ppct: 35 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 419KB tig: atl: Identifying productivity when it is a factor of production. aug: au: Flynn, Zach affil: Compass Lexecon su: Economic models Factors of production Plant productivity Electric power production Electricity pricing sug: subj: Economic models Fossil Fuel Electric Power Generation Factors of production Plant productivity Electric power production Electricity pricing ab: Economists typically model a plant's productivity as an exogenous characteristic, but the people who run and work at manufacturing plants make choices, at a cost, that affect plant productivity. I develop a method to partially identify the productivity distribution when such choices determine productivity. The method uses a monotone comparative static result I prove in a general economic model. It does not require instruments or timing assumptions. I use the method to study the effect of implementing market‐based pricing on productivity in the electricity generation industry. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|