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Technical efficiency and U.S. Manufacturing productivity growth
(2004)
This paper establishes that new inputs increase technical efficiency levels for U.S. manufacturing. Over the period 1950-1998, intermediate inputs exhibited higher rates of efficiency growth than labor and capital. ...
Household demand and welfare: Implications of water pricing in Cyprus
(2002)
This paper considers a model of household demand for water in a theoretical framework consistent with fundamental principles of consumer behaviour. It applies this model to individual household data to estimate the price ...
Using brochure information for the hedonic analysis of holiday packages
(2005)
This paper investigates the production of misleading results from hedonic analysis when heterogeneity in the effects of quality characteristics is ignored. Two causes of such heterogeneity are examined: (a) when quality ...