An inter-industry translog model of prices and technical change for the West German economy  gw ~ us

Shinichiro Nakamura

[目次]

  • 1 Introduction.- 2 The Model.- 2.0 Introduction.- 2.1 The Basic Model.- 2.1.1 Technology.- 2.1.2 Behavior.- 2.1.3 Prices of Domestic Outputs.- 2.1.4 Input Coefficients.- 2.1.5 Remarks.- 2.2 The Deterministic Model I: General Formulation.- 2.2.1 Partition of Inputs.- 2.2.2 Separability as Further Assumption on Technology.- 2.2.3 Dual Implications of the Separability Assumption.- 2.2.4 Three Stage Optimization.- 2.2.5 Technical Change.- 2.2.6 Prices and Input Coefficients.- 2.2.7 Remarks.- 2.3 The Deterministic Model II: Model Specification.- 2.3.1 Sectoral Specification.- 2.3.2 Choice of Functional Forms.- 2.3.3 Specified Model and Its Implications.- 2.3.4 Remarks.- 2.3.5 A Note on the General Demand System of Krelle and Pallaschke and Its Relationships to the Demand System Used in the Model.- 2.4 The Econometric Model.- 2.4.1 The Stochastic Specification of the Model.- 2.4.2 The Estimation Procedure.- 2.4.3 Remarks.- 3 Empirical Results.- 3.0 Introduction.- 3.1 Data.- 3.2 Estimation Results and Their Implications.- 3.2.1 Price Aggregator Functions for Domestic Inputs and Imports.- 3.2.1.1 Initial Estimation Results.- 3.2.1.2 Integrability Conditions.- 3.2.1.3 Procedures of Reestimation.- 3.2.1.4 Implications of the Reestimated Parameters.- 3.2.2 Price Aggregator Functions for Material Inputs.- 3.2.2.1 Estimation Results.- 3.2.2.2 Integrability Conditions.- 3.2.2.3 Patterns of Substitution between Material Inputs.- 3.2.2.4 Biases of Technical Change in the Use of Material Inputs.- 3.2.2.5 Computation of $${\hat p_{mj}}$$.- 3.2.3 Price Aggregator Functions for Service Inputs.- 3.2.3.1 Estimation Results.- 3.2.3.2 Integrability Conditions.- 3.2.3.3 Patterns of Substitution Between Service Inputs.- 3.2.3.4 Biases of Technical Change in the Use of Service Inputs.- 3.2.3.5 Computation of $${\hat p_{sj}}$$.- 3.2.4 KLEMS Price Functions.- 3.2.4.1 Estimation Results.- 3.2.4.2 Integrability Conditions.- 3.2.4.3 Patterns of Substitution Between K,L,E,M,S.- 3.2.4.4 Biases of Technical Change for K,L,E,M,S.- 3.2.5 Equations for the Negative of the Rates of Technical Change.- 3.2.5.1 The Rates of Technical Change.- 3.2.5.2 Estimation Results.- 3.2.6 Overall Biases of Technical Change.- 3.3 Performance of the Models Interpolations.- 3.3.1 Test Results for Prices of Domestic Outputs.- 3.3.2 Test Results for Input Coefficients: Domestic Intermediate Inputs, Capital and Labor Services.- 3.3.3 Test Results for Input Coefficients: Imports.- 3.4 Simulation Experiments.- 3.4.1 Increase in a Single Import Price.- 3.4.2 Simultaneous Increase in Exogenous Variables.- 3.4.2.1 Increase in All Import Prices.- 3.4.2.2 Increase in Prices of All Labor Services.- 3.4.2.3 Increase in Prices of All Capital Services.- 3.4.2.4 Increase in the Rates of Indirect Taxes.- 3.4.2.5 Comparison of Effects of Exogenous Variables.- 4 Conclusion.- 5 References.

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この本の情報

書名 An inter-industry translog model of prices and technical change for the West German economy
著作者等 Nakamura, Shinichiro
Nakamura S.
書名別名 Translog model of prices and technical change for the West German economy
シリーズ名 Lecture notes in economics and mathematical systems
巻冊次 gw
us
出版元 Springer-Verlag
刊行年月 1984
版表示 Softcover reprint of the original 1st ed. 1984
ページ数 xiii, 290 p.
大きさ 24 cm
ISBN 0387127097
3540127097
NCID BA03284688
※クリックでCiNii Booksを表示
言語 英語
出版国 ドイツ
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