466 research outputs found
Tests of representative firm models: results for German manufacturing industries
Many studies of producer behavior consider cost and input demand functions de-rived from microeconomic theory and estimate them on the basis of aggregate data. If firms' characteristics differs, the neglect heterogeneity can lead to estimation bias. An alternative is to restrict individual behavioral functions to be linear in the firm specific parameters. The aim of this paper is to describe aggregate producer behavior without placing too strong restrictions on the functional form and to explicitly take account of firm heterogeneity. Estimation for German manufacturing sectors confirms that ne-glected heterogeneity is an important source of bias in representative agent models. --exact aggregation,representative firm,heterogeneity,demand system
The Demand of Heterogeneous Labour in Germany
In this paper, four commonly provided explanations for the shift in labour demand for different skill groups are investigated: the substitutability of inputs; the own-price sensitivity for different types of labour; the effect of economic growth and the impact of technological change. In general, the shift of demand away from unskilled labour can be explained by the large own-price elasticity of unskilled labour and by biased technological change. During the period of 19771994, the rate of biased technological progress against unskilled workers seems to be as large in the traded as in the non-traded goods industries. Furthermore, in three out of five sectors considered, technological change is biased towards high-skilled labour. --technological change,heterogeneous labour
The aggregate Le Chatelier Samuelson principle with Cournot competition
This paper studies the aggregate substitution and expansion effects triggered by changes in input prices, in a context where firms supply a homogenous commodity and compete in quantities Ă la Cournot. We derive a sufficient condition for the existence of a Cournot equilibrium and show that this condition also ensures that the Le Chatelier-Samuelson principle is likely to be satisfied in the aggregate at the Cournot equilibrium, although it may not be satisfied at the firm level. These results are confirmed by the empirical findings obtained for two-digit US manufacturing industries, which also highlight the importance of imperfect competition for understanding aggregate growth, investment and employment. --Aggregation,returns to scale,market power,markup,own-price elasticity
Outsourcing of services, imported materials and the demand for heterogeneous labour : an application of a generalised box-cox function
This paper examines the effects that purchased services and imported intermediate materials have on the labour demand for different skills in the manufacturing sector. We derive and estimate a factor demand system based on the generalised Box-Cox cost function nesting both the normalised quadratic and the translog functional form. We find that the impacts of output and capital growth are more important in explaining the demand for heterogeneous labour than substitution effects between labour and non-labour inputs. Similarly, the increasing use of both imported materials and purchased services is rather a consequence of output growth than input substitution. --Outsourcing of services,intermediate imports,heterogeneous labour,Box-Cox cost function
Curvature conditions and substitution pattern among capital, energy, materials and heterogeneous labour
This study deals with the determinants of factor demand in 27 industries of the manufacturing sector during the period 1978 to 1990. Using a quadratic cost function, six production factors are distinguished : capital, energy, three types of labour and intermediate materials. A parametric test of the concavity of the cost function in prices is provided and price elasticities are compared when curvature conditions are imposed or not. The result show, firstly, that in general estimates do not appear very sensitive to imposing theoretical restrictions implied by optimising behaviour. Secondly, demand for unskilled and medium skilled labour than any other pairs of inputs. --curvature conditions,elasticities of substitution,skill structure
A dynamic heterogeneous labour demand model for German manufacturing
This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries over the period 1976-1995, it turns out that less general specifications such as the partial adjustment and the static AR(1) model are rejected. Furthermore, both shortrun and long-run labour demands of different skill classes are inelastic. Unskilled labour is found to have a somewhat higher wage elasticity in absolute terms than medium-skilled labour. A small part of shift in demand away from unskilled labour can be explained by the substitutability relationship between intermediate materials and unskilled labour. Between 6 and 13 percent of the observed shift towards high-skilled labour can be explained by capital accumulation. --heterogeneous labour demand,dynamics,price elasticities
Imposing and testing curvature conditions on a Box-Cox function
We present a new method for imposing and testing concavity of a cost function using asymptotic least squares, which can easily be implemented even for cost functions which are nonlinear in parameters. We provide an illustration on the basis of a (generalized) Box-Cox cost function with six inputs: capital, labor disaggregated in three skill levels, energy, and intermediate materials. A parametric test of the concavity of the cost function in prices is presented, and price elasticities are compared when curvature conditions are imposed and when they are not. The results show that, although concavity is statistically rejected, the estimates are not very sensitive to its imposition. We find that substitution is stronger between the different types of labor than between any other pair of inputs. --input demands,concavity,inequality restrictions,Box-Cox
Sociologie de l'espace politique local. Focus sur les acteurs et les enjeux politiques du sport. Tome 2
Cet ouvrage correspond au mémoire présenté en novembre 2015 à la soutenance d'une habilitation à diriger des recherches en sciences sociales. Il comporte deux tomes. Il s'agit ici du second tome : un mémoire sur la sociologie de l'espace politique local, synthÚse des acquis dans ce domaine
NO x reduction in the exhaust of mobile heavy-duty diesel engines by urea-SCR
A DeNO x demonstration system for a diesel engine used in construction machineries and mobile cranes was setup. In preliminary experiments various extruded and coated SCR catalysts were evaluated with and without oxidizing pre-catalyst. The data from stationary tests with two selected catalysts were used to establish various model-based control algorithms for the optimum dosage of urea in the ESC and ETC. A NO x conversion of >93% at <10ppm average ammonia slip could be achieved at a converter-to-swept volume ratio of <2.
La double réalité du monde sportif
Lâengouement sans prĂ©cĂ©dent pour le sport fait lâobjet dâinvestissements de plus en plus importants, tant financiers que politiques et symboliques. Grande cĂ©lĂ©bration mĂ©diatique de la mondialisation, la derniĂšre Coupe du monde de football en Afrique du Sud a rĂ©vĂ©lĂ© une fois de plus la double rĂ©alitĂ© du sport : dâune part la manifestation rĂ©elle (la compĂ©tition sportive stricto sensu), de lâautre, la manifestation symbolique, câest-Ă -dire lâensemble des reprĂ©sentations dâun spectacle mis en scĂšne et diffusĂ© par les mĂ©dias. Le modĂšle sportif qui tend Ă sâimposer progressivement est fondĂ© sur lâassujettissement plus direct du sport Ă la raison Ă©conomique : sâĂ©loignant des principes de lâĂ©ducation populaire, les organisations sportives (clubs, associations de loisirs, dispositifs sportifs municipaux) se transforment en services quâelles doivent rendre aux usagers-consommateurs alors que dans le mĂȘme temps, sous lâeffet de la privatisation des tĂ©lĂ©visions et de lâĂ©mergence du sponsoring sportif, le sport spectacle (notamment le football) sâaligne sur le modĂšle nĂ©olibĂ©ral dominant en Europe. Ce dossier tente de rassembler quelques voix dissonantes, qui ont du mal Ă se faire entendre dans cette orchestration mĂ©diatique gĂ©nĂ©ralisĂ©e et gĂ©nĂ©ralisante des vertus du sport, pour mettre en lumiĂšre des aspects moins connus de la rĂ©alitĂ© du sport : le monde du sport reste toujours fortement hiĂ©rarchisĂ©, et ce dâautant plus quand des enjeux puissants sont prĂ©sents ; « lâEurope du sport » se marchandise ; les travailleurs sportifs de lâombre sont de plus en plus exploitĂ©s et prĂ©carisĂ©s ; en imposant ses normes et principe dâefficacitĂ© aux ligues et comitĂ©s sportifs rĂ©gionaux, lâEtat entrepreneur crĂ©e une nouvelle culture du rĂ©sultat ; les vertus « intĂ©gratrices » du sport sont loin dâĂȘtre prouvĂ©es, pendant que le sport continue Ă gĂ©nĂ©rer dans lâombre lâexclusion, le racisme et la violence
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