Fixed-Effect Estimation of Highly-Mobile Production Technologies

We consider fixed-effect estimation of a production function where inputs and outputs vary over time, space, and cross-sectional unit. Variability in the spatial dimension allows for time-varying individual effects, without parametric assumptions on the effects. Asymptotics along the spatial dimensi...

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Main Authors: Horrace, William C, Schnier, Kurt E.
Format: Text
Language:unknown
Published: SURFACE at Syracuse University 2008
Subjects:
tbd
Online Access:https://surface.syr.edu/ecn/136
https://surface.syr.edu/cgi/viewcontent.cgi?article=1025&context=ecn
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spelling ftsyracuseuniv:oai:surface.syr.edu:ecn-1025 2023-05-15T15:43:33+02:00 Fixed-Effect Estimation of Highly-Mobile Production Technologies Horrace, William C Schnier, Kurt E. 2008-04-01T07:00:00Z application/pdf https://surface.syr.edu/ecn/136 https://surface.syr.edu/cgi/viewcontent.cgi?article=1025&context=ecn unknown SURFACE at Syracuse University https://surface.syr.edu/ecn/136 https://surface.syr.edu/cgi/viewcontent.cgi?article=1025&context=ecn Economics - Faculty Scholarship tbd Economics text 2008 ftsyracuseuniv 2022-01-09T19:20:51Z We consider fixed-effect estimation of a production function where inputs and outputs vary over time, space, and cross-sectional unit. Variability in the spatial dimension allows for time-varying individual effects, without parametric assumptions on the effects. Asymptotics along the spatial dimension provide consistency and normality of the marginal products. A finite-sample example is provided: a production function for bottom-trawler fishing vessels in the flatfish fisheries of the Bering Sea. We find significant spatial variability of output (catch) which we exploit in estimation of a harvesting function. Text Bering Sea Syracuse University Research Facility And Collaborative Environment (SUrface) Bering Sea
institution Open Polar
collection Syracuse University Research Facility And Collaborative Environment (SUrface)
op_collection_id ftsyracuseuniv
language unknown
topic tbd
Economics
spellingShingle tbd
Economics
Horrace, William C
Schnier, Kurt E.
Fixed-Effect Estimation of Highly-Mobile Production Technologies
topic_facet tbd
Economics
description We consider fixed-effect estimation of a production function where inputs and outputs vary over time, space, and cross-sectional unit. Variability in the spatial dimension allows for time-varying individual effects, without parametric assumptions on the effects. Asymptotics along the spatial dimension provide consistency and normality of the marginal products. A finite-sample example is provided: a production function for bottom-trawler fishing vessels in the flatfish fisheries of the Bering Sea. We find significant spatial variability of output (catch) which we exploit in estimation of a harvesting function.
format Text
author Horrace, William C
Schnier, Kurt E.
author_facet Horrace, William C
Schnier, Kurt E.
author_sort Horrace, William C
title Fixed-Effect Estimation of Highly-Mobile Production Technologies
title_short Fixed-Effect Estimation of Highly-Mobile Production Technologies
title_full Fixed-Effect Estimation of Highly-Mobile Production Technologies
title_fullStr Fixed-Effect Estimation of Highly-Mobile Production Technologies
title_full_unstemmed Fixed-Effect Estimation of Highly-Mobile Production Technologies
title_sort fixed-effect estimation of highly-mobile production technologies
publisher SURFACE at Syracuse University
publishDate 2008
url https://surface.syr.edu/ecn/136
https://surface.syr.edu/cgi/viewcontent.cgi?article=1025&context=ecn
geographic Bering Sea
geographic_facet Bering Sea
genre Bering Sea
genre_facet Bering Sea
op_source Economics - Faculty Scholarship
op_relation https://surface.syr.edu/ecn/136
https://surface.syr.edu/cgi/viewcontent.cgi?article=1025&context=ecn
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