Jenaer Schriften zur Wirtschaftswissenschaft Capacity Utilization and Technology Shocks in the U.S. Manufacturing Sector


In this paper the time series properties of the outcomes of two different specifications of a nonparametric productivity analysis are compared using data for threeand four-digit U.S. manufacturing industries over the period 1958-96. The first model is standard and does not account for variations of capacity utilization of the production factors whereas the… (More)


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