Add to ORKGFactor proportions trade theory focuses on wage adjustments to product prices and factor endowments estimated directly for the first time in the present paper with a structural vector auto regression. Yearly data cover the US wage, labor force, fixed capital assets, and relative prices of services and manufactures from 1949 to 2006. This model with only capital and labor inputs is inconsistent with the evidence leading to the addition of energy input. Energy has a stronger wage impact than capital, labor is revealed as the middle factor in the intensity ranking, and results suggest a high degree of substitution
The authors use structural vector autoregressions to analyze the responses of worker flows, job flow...
This paper investigates how firms dynamically adjust their use of capital, labor, energy, and materi...
The paper demonstrates that two relatively unknown features of the employment cycle in U.S. manufact...
Factor proportions trade theory focuses on wage adjustments to product prices and factor endowments ...
This paper estimates trends in factor price elasticities adding energy Btu input to fixed capital as...
We develop a methodology for identifying departures from relative factor price equality across regio...
We develop a methodology for identifying departures from relative factor price equality across regio...
A three input translog cost function in labor, capital and energy was estimated for 298 U.S. manufa...
Theoretical wage effects of changing product prices and inputs have been examined under various assu...
In a simple one-sector, two-class, fixed-proportions economy, wages are set through axiomatic bargai...
We develop a method for identifying departures from relative factor price equality that is robust to...
Our aim in this paper is, first, to derive a model capable of explaining the stylized fact that fluc...
This paper estimates production functions for annual US output from 1949 to 2013 adding energy Btu i...
This dissertation explores three questions related to empirical estimation of the relationship betwe...
We develop a methodology for identifying departures from relative factor price equal-ity across regi...
The authors use structural vector autoregressions to analyze the responses of worker flows, job flow...
This paper investigates how firms dynamically adjust their use of capital, labor, energy, and materi...
The paper demonstrates that two relatively unknown features of the employment cycle in U.S. manufact...
Factor proportions trade theory focuses on wage adjustments to product prices and factor endowments ...
This paper estimates trends in factor price elasticities adding energy Btu input to fixed capital as...
We develop a methodology for identifying departures from relative factor price equality across regio...
We develop a methodology for identifying departures from relative factor price equality across regio...
A three input translog cost function in labor, capital and energy was estimated for 298 U.S. manufa...
Theoretical wage effects of changing product prices and inputs have been examined under various assu...
In a simple one-sector, two-class, fixed-proportions economy, wages are set through axiomatic bargai...
We develop a method for identifying departures from relative factor price equality that is robust to...
Our aim in this paper is, first, to derive a model capable of explaining the stylized fact that fluc...
This paper estimates production functions for annual US output from 1949 to 2013 adding energy Btu i...
This dissertation explores three questions related to empirical estimation of the relationship betwe...
We develop a methodology for identifying departures from relative factor price equal-ity across regi...
The authors use structural vector autoregressions to analyze the responses of worker flows, job flow...
This paper investigates how firms dynamically adjust their use of capital, labor, energy, and materi...
The paper demonstrates that two relatively unknown features of the employment cycle in U.S. manufact...