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By Dr. Shinichiro Nakamura (auth.)

ISBN-10: 3540127097

ISBN-13: 9783540127093

ISBN-10: 3642464866

ISBN-13: 9783642464867

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Additional info for An Inter-Industry Translog Model of Prices and Technical Change for the West German Economy

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51d) Bij = B1 ij , i€{k,l}, j€I. 51) we find that the "overall" biases of technical change for intermediate inputs Bij , i € NO, j € I, consist of sums of three terms, each of which is a product of value shares and the bias of technical change of the three different stages. 51) suggests that in general the sign of Bij depends on the signs of the biases of technical change for each of the three stages and on the value shares.

Capital services: (K), labor services (L), energy (E), material (M), and service (S). We refer to F j as the KLEMS production function. 1. 1 aggregator functions are indicated below the lines connecting aggregates and variables to be aggregated. 1) Our model differs from the now standard KLEM model in treating material and service separately while the latter does not. Examples of the KLEM model are Hudson and Jorgenson [1974], Fuss [1977], Berndt and Wood [1975], and Jorgenson and Fraurneni [1980].

Corresponding to N we now partition the set of integers identifying the n outputs I into three subsets, and call the 1) For engineering bases of a division of inputs according to their technological function in the production process, see Chenery [1953, pp. 299 - 301]. 2) That is, if a domestic input is used, for example, as material, then the corresponding import is also used as material. 3a) ;t ,f, 'i" i E {m,e,s}, i ;t j, Vi,j E {m,e,s}. 3) are both assumptions. 1) states that for a gi ven producing sector an intermediate input is used for one technological function 1) only.

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An Inter-Industry Translog Model of Prices and Technical Change for the West German Economy by Dr. Shinichiro Nakamura (auth.)

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