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The Multivariate Flexible Accelerator Model: Its Empirical Restrictions and an Application to U.S. Manufacturing

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  1. repec:eee:labchp:v:1:y:1986:i:c:p:473-522 is not listed on IDEAS
  2. Ardiyono, Sulistiyo K., 2022. "Covid-19 pandemic, firms’ responses, and unemployment in the ASEAN-5," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 337-372.
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  6. Supawat Rungsuriyawiboon & Heinrich Hockmann, 2015. "Adjustment costs and efficiency in Polish agriculture: a dynamic efficiency approach," Journal of Productivity Analysis, Springer, vol. 44(1), pages 51-68, August.
  7. Pierre Ouellette & Stéphane Vigeant, 2003. "Technological choices and regulation: the case of the Canadian manufacturing sectors," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 36(1), pages 88-125, March.
  8. Richards, Timothy J. & Patterson, Paul M., 1998. "Dynamic Complementarity In Export Promotion: The Market Access Program In Fruits And Vegetables," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(2), pages 1-19, December.
  9. Tinsley, P A, 2002. "Rational Error Correction," Computational Economics, Springer;Society for Computational Economics, vol. 19(2), pages 197-225, April.
  10. Jeffrey I. Bernstein & M. Ishaq Nadiri, 1989. "Research and Development and Intra-industry Spillovers: An Empirical Application of Dynamic Duality," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 56(2), pages 249-267.
  11. Karp, Larry & Paul, Thierry, 2007. "Indeterminacy with environmental and labor dynamics," Structural Change and Economic Dynamics, Elsevier, vol. 18(1), pages 100-119, March.
  12. Rosario Crinò, 2009. "Offshoring, Multinationals And Labour Market: A Review Of The Empirical Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 23(2), pages 197-249, April.
  13. Onofri, Alejandro & Fulginiti, Lilyan E., 2001. "Public Inputs and Endogenous Growth in the Agricultural Sector: a Dynamic Dual Approach," 2001 Annual meeting, August 5-8, Chicago, IL 20438, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  14. Yang, Sansi & Shumway, C. Richard, 2014. "Dynamic Adjustment in U.S. Agriculture under Climate Uncertainty," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170609, Agricultural and Applied Economics Association.
  15. Alfons Oude Lansink & Spiro Stefanou, 2001. "Dynamic Area Allocation and Economies of Scale and Scope," Journal of Agricultural Economics, Wiley Blackwell, vol. 52(3), pages 38-52, September.
  16. Carpentier, Alain & Gohin, Alexandre & Sckokai, Paolo & Thomas, Alban, 2015. "Economic modelling of agricultural production: past advances and new challenges," Revue d'Etudes en Agriculture et Environnement, Editions NecPlus, vol. 96(01), pages 131-165, March.
  17. Kyösti S. Pietola & Robert J. Myers, 2000. "Investment under Uncertainty and Dynamic Adjustment in the Finnish Pork Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(4), pages 956-967.
  18. Nti, Kofi O. & Dompere, Kofi K., 1997. "Technological progress and optimal factor demand," International Journal of Production Economics, Elsevier, vol. 49(2), pages 117-130, April.
  19. Hall, Bronwyn H. & Hayashi, Fumio, 1989. "Research and Development as an Investment," Department of Economics, Working Paper Series qt8br8d266, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
  20. Frank Asche, 2009. "Adjustment Cost and Supply Response in a Fishery: A Dynamic Revenue Function," Land Economics, University of Wisconsin Press, vol. 85(1), pages 201-215.
  21. Supawat Rungsuriyawiboon & Spiro Stefanou, 2008. "The dynamics of efficiency and productivity growth in U.S. electric utilities," Journal of Productivity Analysis, Springer, vol. 30(3), pages 177-190, December.
  22. Gordon, Stephen, 1996. "How long is the firm's forecast horizon?," Journal of Economic Dynamics and Control, Elsevier, vol. 20(6-7), pages 1145-1176.
  23. Karp, Larry & Perloff, Jeffrey M, 1993. "Why Industrial Policies Fail: Limited Commitment," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt8ss076xw, Department of Agricultural & Resource Economics, UC Berkeley.
  24. Magris, Francesco, 2012. "Indeterminacy and multiple steady states with sector-specific externalities," Economic Modelling, Elsevier, vol. 29(6), pages 2664-2672.
  25. Matteo Manera, 2006. "Modelling factor demands with SEM and VAR: an empirical comparison," Journal of Productivity Analysis, Springer, vol. 26(2), pages 121-146, October.
  26. Buhr, Brian L. & Kim, Hanho, 1997. "Dynamic adjustment in the US beef market with imports," Agricultural Economics, Blackwell, vol. 17(1), pages 21-34, October.
  27. Rosegrant, Mark W. & Kasryno, Faisal & Perez, Nicostrato D., 1998. "Output response to prices and public investment in agriculture: Indonesian food crops," Journal of Development Economics, Elsevier, vol. 55(2), pages 333-352, April.
  28. D. Verreth & G. Emvalomatis & F. Bunte & A. Oude Lansink, 2015. "Dynamic and Static Behaviour with Respect to Energy Use and Investment of Dutch Greenhouse Firms," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 61(4), pages 595-614, August.
  29. Petrick, Martin & Zier, Patrick, 2010. "Cap Impacts On Labour Use In East German Agriculture," 50th Annual Conference, Braunschweig, Germany, September 29-October 1, 2010 93962, German Association of Agricultural Economists (GEWISOLA).
  30. Jeffrey I. Bernstein & M. Ishaq Nadiri, 1988. "Rates Of Return On Physical And R&D Capital And Structure Of The Production Process: Cross Section And Time Series Evidence," NBER Working Papers 2570, National Bureau of Economic Research, Inc.
  31. Saeideh Fallah-Fini & Konstantinos Triantis & Andrew Johnson, 2014. "Reviewing the literature on non-parametric dynamic efficiency measurement: state-of-the-art," Journal of Productivity Analysis, Springer, vol. 41(1), pages 51-67, February.
  32. Hall, Bronwyn H. & Hayashi, Fumio, 1989. "Research and Development as an Investment," Department of Economics, Working Paper Series qt8br8d266, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
  33. Alan de Brauw & Jikun Huang & Scott Rozelle, "undated". "Sequencing and the Success of Gradualism: Empirical Evidence from China's Agricultural Reform," Center for Development Economics 173, Department of Economics, Williams College.
  34. Cazzavillan, Guido & Lloyd-Braga, Teresa & Pintus, Patrick A., 1998. "Multiple Steady States and Endogenous Fluctuations with Increasing Returns to Scale in Production," Journal of Economic Theory, Elsevier, vol. 80(1), pages 60-107, May.
  35. Taylor, Timothy G. & Monson, Michael J., 1985. "Dynamic Factor Demands for Aggregate Southeastern United States Agriculture," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-9, December.
  36. Alejandro Onofri & Lilyan Fulginiti, 2008. "Public inputs and dynamic producer behavior: endogenous growth in U.S. agriculture," Journal of Productivity Analysis, Springer, vol. 30(1), pages 13-28, August.
  37. Panos Fousekis, 1997. "Internal And External Scale Effects In Productivity Analysis: A Dynamic Dual Approach," Journal of Agricultural Economics, Wiley Blackwell, vol. 48(1‐3), pages 151-166, January.
  38. Frank Asche & Subal Kumbhakar & Ragnar Tveteras, 2008. "A dynamic profit function with adjustment costs for outputs," Empirical Economics, Springer, vol. 35(2), pages 379-393, September.
  39. Larry Karp & Thierry Paul, 2005. "Intersectoral Adjustment and Policy Intervention: the Importance of General‐Equilibrium Effects," Review of International Economics, Wiley Blackwell, vol. 13(2), pages 330-355, May.
  40. Berndt, Ernst R. & Fuss, Melvyn A., 1989. "Economic capacity utilization and productivity measurement for multiproduct firms with multiple quasi-fixed inputs," Working papers 3001-89., Massachusetts Institute of Technology (MIT), Sloan School of Management.
  41. Rungsuriyawiboon, Supawat & Zhang, Yanjie, 2018. "Examining the economic performance of Chinese farms: A dynamic efficiency and adjustment cost approach," Economic Analysis and Policy, Elsevier, vol. 57(C), pages 74-87.
  42. Karp, Larry S & Perloff, Jeffrey M, 1995. "Why Industrial Policies Fail: Limited Commitment," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 36(4), pages 887-905, November.
  43. Howard, Wayne H. & Shumway, C. Richard, 1989. "Nonrobustness Of Dynamic Dual Models Of The U.S. Dairy Industry," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 18(1), pages 1-8, April.
  44. Wang, Chenggang & Xia, Yin & Shoemaker, Robbin A. & Buccola, Steven T., 2006. "Public Investment Policy in Life-Science Research," 2006 Annual meeting, July 23-26, Long Beach, CA 21330, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  45. Vlachou, Adriana, 1986. "Dynamic Factor Demands And Energy Substitution In Regional U.S. Manufacturing," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 15(1), pages 1-14, April.
  46. Matthew D. Shapiro, 1986. "The Dynamic Demand for Capital and Labor," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(3), pages 513-542.
  47. Alejandro Onofri & Lilyan E. Fulginiti, 2005. "Public Inputs and Productivty in the Agricultural Sector: A Dynamic Dual Approach," Others 0502011, University Library of Munich, Germany.
  48. Krasachat, W. & Coelli, T. J., 1995. "Dynamics of Agricultural Production on Thailand," 1995 Conference (39th), February 14-16, 1995, Perth, Australia 170898, Australian Agricultural and Resource Economics Society.
  49. Witzke, H.-P. & Heckelei, T., 1997. "Adjustment Cost and Partial Adjustment Models for German Agriculture," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 33.
  50. Fernandez-Cornejo, J. & Gempesaw, C. M., II & Elterich, J. G. & Stefanou, S. E., 1990. "Dynamic Measures Of Scope And Scale Economies And The Dynamic Theory Of The Firm," 1990 Annual meeting, August 5-8, Vancouver, Canada 270865, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  51. Shoemaker, Robbin A., 1993. "Model of Participation in U.S. Farm Programs," Technical Bulletins 157043, United States Department of Agriculture, Economic Research Service.
  52. Caputo, Michael R., 2003. "The comparative dynamics of closed-loop controls for discounted infinite horizon optimal control problems," Journal of Economic Dynamics and Control, Elsevier, vol. 27(8), pages 1335-1365, June.
  53. Eswaramoorthy, K., 1991. "U.S. livestock production and factor demand: a multiproduct dynamic dual approach," ISU General Staff Papers 1991010108000010523, Iowa State University, Department of Economics.
  54. Teresa Serra & Spiro Stefanou & José M. Gil & Allen Featherstone, 2009. "Investment rigidity and policy measures," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 36(1), pages 103-120, March.
  55. Supawat Rungsuriyawiboon, 2004. "A Dynamic Approach to Estimate the Efficiency of U.S. Electric Utilities," Econometric Society 2004 Australasian Meetings 91, Econometric Society.
  56. Vasavada, Utpal, 1985. "An Integrated Investment—Supply Response Model for U.S. Agriculture," 1985 Annual Meeting, August 4-7, Ames, Iowa 278647, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  57. Pope, Rulon D., 1982. "To Dual Or Not To Dual?," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 7(2), pages 1-16, December.
  58. Ernst R. Berndt & Melvyn A. Fuss, 1989. "Economic Capacity Utilization and Productivity Measurement for Multi-product firms with multiple quasi-fixed inputs," NBER Working Papers 2932, National Bureau of Economic Research, Inc.
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  60. Wagner, Christina & Huettel, Silke & Odening, Martin & Narayana, Rashmi, 2013. "Measuring Dynamic Efficiency under Uncertainty: An Application to German Dairy Farms," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149632, Agricultural and Applied Economics Association.
  61. Sckokai, Paolo & Moro, Daniele, 2005. "Modelling the Impact of the CAP Reform on Farm Investments," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24468, European Association of Agricultural Economists.
  62. Pierre Lasserre & Pierre Ouellette, 1999. "Dynamic Factor Demands and Technology Measurement under Arbitrary Expectations," Journal of Productivity Analysis, Springer, vol. 11(3), pages 219-241, June.
  63. Aurikko, Esko, 1985. "Testing Disequilibrium Adjustment Models for Finnish Exports of Goods," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 47(1), pages 33-50, February.
  64. Considine, Timothy J. & Heo, Eunnyeong, 2000. "Price and inventory dynamics in petroleum product markets," Energy Economics, Elsevier, vol. 22(5), pages 527-548, October.
  65. Pietola, Kyosti S. & Myers, Robert J., 1997. "A Dynamic Dual Model of Asymmetric Investment Under Uncertainty," Staff Paper Series 201222, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  66. Agbola, Frank W., 2005. "Optimal intertemporal investment in Australian agriculture: An empirical investigation," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 6(2), pages 1-11.
  67. Alan De Brauw & Jikun Huang & Scott Rozelle, 2004. "The sequencing of reform policies in China's agricultural transition," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 12(3), pages 427-465, September.
  68. Huettel, Silke & Narayana, Rashmi & Odening, Martin, 2011. "Measuring dynamic efficiency under uncertainty," Structural Change in Agriculture/Strukturwandel im Agrarsektor (SiAg) Working Papers 129062, Humboldt University Berlin, Department of Agricultural Economics.
  69. Palm, Franz C. & Pfann, Gerard A., 1998. "Sources of asymmetry in production factor dynamics," Journal of Econometrics, Elsevier, vol. 82(2), pages 361-392, February.
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  71. Anthony N. Rezitis & William E. Foster & A. Blake Brown, 1999. "A Cost Function Approach to Dynamic Duality: An Application to the US Cigarette Manufacturing Industry," Journal of Agricultural Economics, Wiley Blackwell, vol. 50(1), pages 106-123, January.
  72. Bolin, Kristian & Caputo, Mikael R, 2024. "A Dual Approach to the Derivation of Feedback Demand Functions for Capital-Accumulating Agents," Working Papers in Economics 843, University of Gothenburg, Department of Economics.
  73. Rungsuriyawiboon, Supawat & Stefanou, Spiro E., 2007. "Dynamic Efficiency Estimation: An Application to U.S. Electric Utilities," Journal of Business & Economic Statistics, American Statistical Association, vol. 25, pages 226-238, April.
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  75. Pietola, Kyosti S. & Myers, Robert J., 1997. "Investment Under Uncertainty and Dynamic Adjustment in the Finnish Pork Industry," Staff Paper Series 201221, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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