Author: Dale W. Jorgenson
Publisher: The MIT Press
Keywords: producer, behavior, modeling, econometric, vol, econometrics
Number of Pages: 450
Published: 2000-05-01
List price: $70.00
ISBN-10: 0262100827
ISBN-13: 9780262100823

The objectives of econometric modeling of producer behavior are to determine the nature of substitution among inputs and outputs and of differences in technology, as well as the role of economies of scale in production. Recent advances in methodology, based on the dual formulation of the theory of production in terms of prices, have enabled econometricians to achieve these objectives more effectively. This volume summarizes the economic theory, the econometric methodology, and the empirical findings resulting from the new approach.

Author: Dale W. Jorgenson
Publisher: The MIT Press
Keywords: equilibrium, modeling, general, econometric, vol, growth
Number of Pages: 478
Published: 1998-12-04
List price: $70.00
ISBN-10: 0262100738
ISBN-13: 9780262100731

Volume 1: Econometric General Equilibrium Modeling presents an econometric approach to general equilibrium modeling of the impact of economic policies. Earlier approaches were based on the "calibration" of general equilibrium models to a single data point. The obvious disadvantage of calibration is that it requires highly restrictive assumptions about technology and preferences, such as fixed input-output coefficients. These assumptions are contradicted by the massive evidence of energy conservation in response to higher world energy prices, beginning in 1973. The econometric approach to gener

Author: Dale W. Jorgenson
Publisher: The MIT Press
Keywords: behavior, consumer, aggregate, vol, welfare
Number of Pages: 574
Published: 1997-08-08
List price: $70.00
ISBN-10: 0262100622
ISBN-13: 9780262100625

"Dale W. Jorgenson’s contributions to consumer and welfare economics collected in these volumes represent a very impressive achievement in the way they combine economic theory, theoretical and applied econometrics, statistics, and empirical work with actual macro and micro data. His work certainly has become a considerable source of inspiration to economists and econometricians working in these areas, and I am sure they will inspire future generations as well." -- Erik Biørn, Professor of Economics, University of Oslo This volume presents a new approach to econometric modeling

Author: Dale W. Jorgenson
Publisher: The MIT Press
Keywords: growth, economics, postwar, vol, productivity
Number of Pages: 432
Published: 1995-01-04
List price: $70.00
ISBN-10: 0262100495
ISBN-13: 9780262100496

These two volumes present empirical studies that have permanently altered professional debates over investment and productivity as sources of postwar economic growth in industrialized countries. The distinctive feature of investment is that returns can be internalized by the investor. The most straightforward application of this idea is to investments that create property rights, but these volumes broaden the meaning of capital formation to include investments in education and training. Postwar U.S. Economic Growth traces the outstanding postwar performance of the U.S. economy to inves

Author: Dale W. Jorgenson
Publisher: The MIT Press
Keywords: growth, economic, environment, energy, vol
Number of Pages: 502
Published: 1998-11-27
List price: $70.00
ISBN-10: 0262100746
ISBN-13: 9780262100748

Volume 1: Econometric General Equilibrium Modeling presents an econometric approach to general equilibrium modeling of the impact of economic policies. Earlier approaches were based on the "calibration" of general equilibrium models to a single data point. The obvious disadvantage of calibration is that it requires highly restrictive assumptions about technology and preferences, such as fixed input-output coefficients. These assumptions are contradicted by the massive evidence of energy conservation in response to higher world energy prices, beginning in 1973. The econometric approach to gener

Author: Dale W. Jorgenson
Publisher: The MIT Press
Keywords: economic, growth, comparisons, international, vol, productivity
Number of Pages: 436
Published: 1995-01-04
List price: $70.00
ISBN-10: 0262100509
ISBN-13: 9780262100502

These two volumes present empirical studies that have permanently altered professional debates over investment and productivity as sources of postwar economic growth in industrialized countries. The distinctive feature of investment is that returns can be internalized by the investor. The most straightforward application of this idea is to investments that create property rights, but these volumes broaden the meaning of capital formation to include investments in education and training. International Comparisons of Economic Growth focuses on comparisons among industrialized countries.

Authors:Dale W. Jorgenson, Kun-Young Yu,
Publisher: Oxford University Press, USA
Keywords: monetary, fiscal, policy, lectures, lindahl, reform, cost, capital, tax
Number of Pages: 206
Published: 1991-09-26
List price: $120.00
ISBN-10: 0198285930
ISBN-13: 9780198285939

The cost of capital was introduced almost thirty years ago and quickly became an indispensable tool for modelling the impact of tax policy on investment behavior. Within the past decade, the cost of capital has assumed a central role in tax reform debates through the closely related concept of the marginal effective tax rate. This book provides a comprehensive treatment of the cost of capital approach to tax policy analysis. Keeping the analytical level of this work has been kept to a minimum, the authors introduce complexities in a step by step fashion, leading up to a representation of tax s