Blar i Discussion Papers på forfatter "Biørn, Erik"
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A generalized single equation error correction model and its application to quarterly data
Biørn, Erik; Olsen, Hilde (Discussion Paper;No. 19, Working paper, 1986-12-01)In this paper, we specify a class of single equation 'error correction' models on the basis of a general autoregressive-distributed lag regression equation with one regressor and a white noise disturbance. This relationship ... -
Aggregation and aggregation biases in production functions : a panel data analysis of translog models
Biørn, Erik; Skjerpen, Terje (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 ... -
Constructing panel data estimators by aggregation: A general moment estimator and a suggested synthesis
Biørn, Erik (Discussion Papers;No. 420, Working paper, 2005)Abstract: A regression equation for panel data with two-way random or fixed effects and a set of individual specific and period specific `within individual' and `within period', estimators of its slope coefficients are ... -
Depreciation profiles and the user cost of capital
Biørn, Erik (Discussion Papers;No. 6, Working paper, 1985-04-01) -
Distribution of Preferences and Measurement Errors in a Disaggregated Expenditure System
Aasness, Jørgen; Biørn, Erik; Skjerpen, Terje (Discussion papers;149, Working paper, 1995-12)A complete system of consumer expenditure functions with 28 commodity groups is modelled and estimated by means of Norwegian household panel data. Measurement errors are carefully modelled. Total consumption expenditure ... -
Energy price changes, and induced scrapping and revaluation of capital a putty clay approach
Biørn, Erik (Discussion Papers;No. 16, Working paper, 1986-09-15)The paper presents a framework for analyzing the effect of unanticipated energy price changes on the firms' plans for scrapping of capital and on the induced changes in the value of capital. A putty-clay vintage model with ... -
Engel functions, panel data and latent variables
Aasness, Jørgen; Biørn, Erik; Skjerpen, Terje (Discussion Paper;No. 41, Working paper, 1988-12)A system of consumer expenditure functions is estimated from Norwegian household budget data. Specific features o f our approach are: (I) Panel data on individual households are used, which offer far richer opportunities ... -
Engel functions, panel data, and latent variables - with Detailed Results
Aasness, Jørgen; Biørn, Erik; Skjerpen, Terje (Discussion Paper;No. 89, Working paper, 1993-06)A system of consumer expenditure functions is estimated from Norwegian household budget data. Specific features of the approach are: (i) Panel data from individual households are used, which offer far richer opportunities ... -
Errors in Variables and Panel Data: The Labour Demand Response to Permanent changes in Output
Biørn, Erik; Klette, Tor Jakob (Discussion papers;125, Working paper, 1994-08)This paper examines panel data modelling with latent variables in analyzing log-linear relations between inputs and output of firms. Our particular focus is on (i) the "increasing returns to scale puzzle" for labour input ... -
Expectations, substitution, and scrapping in a putty clay model
Frenger, Petter; Biørn, Erik (Discussion Papers;No. 17, Working paper, 1986-08-15)The paper presents a putty-clay framework for analyzing the effect of changing expectations about future prices on a firm's choice of technique, and on its anticipated scrapping of capital equipment. Particular attention ... -
Gross and net capital, productivity, and the form of the survival function some norwegian evidence
Biørn, Erik; Holmøy, Erling; Olsen, Øystein (Discussion Papers;No. 11, Working paper, 1985-05-29) -
Heterogeneity in returns to scale : a random coefficient analysis with unbalanced panel data
Biørn, Erik; Lindquist, Kjersti-Gro; Skjerpen, Terje (Discussion Papers;No. 292, Working paper, 2000)Abstract: This paper analyses the importance of scale economies by means of unbalanced plant-level panel data from three Norwegian manufacturing industries. Focus is on heterogeneous technologies, and unlike most previous ... -
Individual heterogeneity and price responses in tobacco consumption : a two-commodity analysis of unbalanced panel data
Wangen, Knut Reidar; Biørn, Erik (Discussion Papers;No. 294, Working paper, 2001)Abstract: The paper presents a panel data analysis of tobacco demand. The purpose is threefold: (i) to measure income, own-price, and cross-price responses for two tobacco commodities: cigarettes and handrolling tobacco, ... -
KVARTS a quarterly model of the Norwegian economy
Biørn, Erik; Jensen, Morten; Reymert, Morten (Discussion Papers;No. 13, Working paper, 1985-07-05)This paper presents the main characteristics of the first version of a quarterly 12 sector macroeconomic model of the Norwegian economy. The general purpose of the project is to obtain a framework for quantitative analysis ... -
Measuring and decomposing capital stock and service values : should capital quality be given a place?
Biørn, Erik (Discussion Papers;No. 518, Working paper, 2007)Abstract: Aggregation of tangible capital assets across vintages and decomposition of value aggregates into quantities and prices are considered. Focus is on both capital stock values and capital service values. If the ... -
Micro data on capital inputs: attempts to reconcile stock and flow information
Biørn, Erik; Lindquist, Kjersti-Gro; Skjerpen, Terje (Discussion Papers;No. 268, Working paper, 1999)We evaluate consequences of some important assumptions ofthe perpetual inventory method of capital stock calculation under geometric depreciation. The data are plant-level panel data from the Norwegian manufacturing ... -
On the prediction of population totals from sample surveys based on rotating panels
Biørn, Erik (Discussion Papers;No. 3, Working paper, 1985-03-20) -
Panel data with errors-in-variables : a note on essential and redundant orthogonality conditions in GMM-estimation
Biørn, Erik; Klette, Tor Jakob (Discussion Papers;No. 190, Working paper, 1997)General Method of Moments (GMM) estimation of a linear one-equation model using panel data with errors-in-variables is considered. To eliminate fixed individual heterogeneity, the equation is differenced across one or more ... -
Parametric aggregation of random coefficient Cobb-Douglasproduction functions : evidence from manufacturing industries
Biørn, Erik; Skjerpen, Terje; Wangen, Knut Reidar (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, ... -
Prevalence and substitution effects in tobacco consumption: A discrete choice analysis of panel data
Wangen, Knut Reidar; Biørn, Erik (Discussion Papers;No. 312, Working paper, 2001)Abstract: This paper analyzes tobacco demand within a discrete choice framework. Using binomial and multinomial logit models with random effects, and an unbalanced panel data set of Norwegian households over a twenty year ...