Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/18990 
Full metadata record
Appears in Collections:
DC FieldValueLanguage
dc.contributor.authorChen, Baolineen
dc.contributor.authorZadrozny, Peter A.en
dc.date.accessioned2009-01-28T15:54:17Z-
dc.date.available2009-01-28T15:54:17Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/18990-
dc.description.abstractProduction capital and technology, fundamental to understanding output and productivity growth, are unobserved except at disaggregated levels and must be estimated prior to being used in empirical analysis. We develop and apply a new estimation method, based on advances in economics, statistics, and applied mathematics, which involves estimating a structural dynamic economic model of a representative production firm and using the estimated model to compute Kalman-filtered estimates of capital and technology for the sample period. We apply the method to annual data from 1947-97 for U.S. total manufacturing and compare the estimates with those reported by the Bureau of Labor Statistics.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1526en
dc.subject.jelC50en
dc.subject.jelL60en
dc.subject.jelD24en
dc.subject.jelC81en
dc.subject.ddc330en
dc.subject.keywordKalman filter estimation of unobserved state variablesen
dc.subject.stwGesamtwirtschaftliches Anlagevermögenen
dc.subject.stwTechnologieen
dc.subject.stwVerarbeitendes Gewerbeen
dc.subject.stwSchätztheorieen
dc.subject.stwZustandsraummodellen
dc.subject.stwSchätzungen
dc.subject.stwTheorieen
dc.subject.stwUSAen
dc.titleEstimated US manufacturing production capital and technology based on an estimated dynamic economic model-
dc.typeWorking Paperen
dc.identifier.ppn500827079en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.