Browsing Statistisk sentralbyrås publikasjonsserier / Published by Statistics Norway by Subject "JEL classification: D21"
Now showing items 1-20 of 21
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Aggregation and aggregation biases in production functions : a panel data analysis of translog models
(Discussion Papers;No. 317, Working paper, 2002)Abstract: An applied econometric study of aggregation, based on an unbalanced panel data set for manu-facturing plants is presented. Panel data are informative in examining aggregation of variables, parameters, and ... -
Agricultural production with uncertain water supply
(Discussion Papers;No. 370, Working paper, 2004)Abstract: The purpose of this paper is to develop a framework for analysis of multioutput agricultural production when the supply of water is uncertain. Specifically, we assume that the farmer operates as if the decision ... -
Consequences of the IPPC-directive’s BAT requirements for abatement costs and emissions
(Discussion Papers;No. 411, Working paper, 2005)Abstract: The Integration Pollution and Prevention Control (IPPC) directive from the European Union implies that the regulatory emission caps should be set in accordance with each industry’s Best Available Techniques ... -
Deregulation of electricity markets—The Norwegian experience
(Discussion Papers;No. 433, Working paper, 2005)Abstract: In this paper, we describe the approach to, and experience of, the deregulation and liberalisation of the Norwegian electricity sector from 1991. The Norwegian electricity market was subsequently integrated ... -
Exit dynamics of start-up firms. Does profit matter?
(Discussion papers;706, Working paper, 2012-10)While little attention has been paid to the role of profitability in the empirical literature on firm exit, we employ a detailed recently established database of Norwegian manufacturing firms to identify the extent to which ... -
Exit dynamics with adjustment costs
(Discussion Papers;No. 442, Working paper, 2005)Abstract: We use the Stock and Wise approximation of stochastic dynamic programming in order to identify the extent to which profitability can explain exit behavior. In our econometric model, heterogeneous firms engage ... -
Exit dynamics with rational expectations
(Discussion Papers;No. 291, Working paper, 2000)Abstract: We develop an econometric model for firm exit, using stochastic dynamic programming (SDP) as a starting point. According to SDP, the value of an operating firm can be written as the sum of (i) the net present ... -
Heterogeneity, productivity and selection: an empirical study of Norwegian manufacturing firms
(Discussion Papers;No. 401, Working paper, 2005)Abstract: How do firms differ, and why do they differ even within narrowly defined industries? Using evidence from a new panel data set for four high-tech, manufacturing industries covering a 10-year period, we show how ... -
How and why do Firms differ?
(Discussion Papers;No. 320, Working paper, 2002)Abstract: How do firms differ, and why do they differ even within narrowly defined industries? Using evidence from six high-tech, manufacturing industries covering a 24-year period, we show that differences in sales, ... -
Lumpy investments, factor adjustments and productivity
(Discussion Papers;No. 441, Working paper, 2005)Abstract: This paper describes firms' output and factor demand before, during and after episodes of lumpy investments using a rich employer-employee panel data set for two manufacturing industries and one service industry. ... -
Monitoring and enforcement of environmental regulations. Lessons from a natural field experiment in Norway
(Discussion Papers;680, Working paper, 2012)Relying on a small natural field experiment with random assignment of treatments, I estimate effects of three core elements of most monitoring and enforcement practices: self-reporting, audit frequency and specific deterrence. ... -
Optimal CO2 abatement and technological change : should emission taxes start high in order to spur R&D?
(Discussion Papers;No. 548, Working paper, 2008)Abstract: Many European politicians argue that since technological development is needed to solve the climate problem, the EU should take the lead and set tougher emission targets than what is required by the Kyoto protocol. ... -
Parametric aggregation of random coefficient Cobb-Douglasproduction functions : evidence from manufacturing industries
(Discussion Papers;No. 342, Working paper, 2003)Abstract: A panel data study of parametric aggregation of a production function is presented. A four-factor Cobb-Douglas function with random and jointly normal coefficients and jointly log-normal inputs is used. Since, ... -
Random coefficients and unbalanced panels: an application on data from Norwegian chemical plants
(Discussion Papers;No. 235, Working paper, 1998)A framework for analyzing substitution and scale properties, and technical change from plant-level panel data is presented. Focus is on comparing the constant and random coefficient specification of the substitution and ... -
Removing policy based comparative advantage for energy intensive production. Necessary adjustments of the real exchange rate and industry structure
(Discussion Papers;No. 462, Working paper, 2006)Abstract: National and international expansion of transmission networks and diminishing returns to scale in hydropower capacity expansion has raised the opportunity cost of electricity. The resulting changes in comparative ... -
Testing for market power in the Norwegian primary aluminium industry
(Discussion papers;No.132, Working paper, 1994-11)The hypothesis of market power in the Norwegian primary aluminium industry is tested using plant-level panel data. Economies of scale are found to be present, and Norwegian aluminium plants charge a procyclical price-cost ... -
Testing the multiproduct hypothesis on Norwegian aluminium industry plants
(Discussion Papers;No. 350, Working paper, 2003)Abstract: Although most production activities involve multiple outputs, econometric models of production or cost functions normally involve only one single homogeneous output. The aim of this paper is to test the hypothesis ... -
The dynamic factor model revisited: the identification problem remains
(Discussion Papers;No. 369, Working paper, 2004)Abstract: The lack of identification of short run run effects in a system of regression equations consisting of a dynamic translog cost function and cost share equations derived from this cost function is shown. Keywords: ... -
The Existence of Factor Substitution in the Primary Aluminium Industry. A Multivariate Error Correction Approach on Norwegian Panel Data
(Discussion papers;106, Working paper, 1993-12)This paper presents an econometric analysis of factor demands in the Norwegian primary aluminium industry using annual panel data for individual plants. Focus is on testing theoretical and technical restrictions. The ... -
The response by the Norwegian aluminium industry to changing market structure
(Discussion Papers;No. 237, Working paper, 1998)This paper analyses how changes in market structure have affected the margins (measured by the Lerner index) of Norwegian aluminium plants. Instead of showing the expected negative trend, due to increased competition ...