NDLI: Productivity, Scale and Efficiency in the U.S. Textile Industry

Content Provider	Springer Nature Link
Author	Kouliavtsev, Mikhail Christoffersen, Susan Russel, Philip
Copyright Year	2006
Abstract	In this paper we employ panel data techniques to address several issues related to the recent performance of the textile industry. We build on the research and results obtained by Ramcharran (in Empirical Econ 26:515–524, 2001) for the textile industry as a whole, by extending the analysis to the sector level. Using data for 23 sectors over 39 years (1958–1996), we estimate a variable elasticity of substitution (VES) production function; the results allow us to construct time-series of marginal products of inputs and elasticities of scale and substitution. We find evidence in support of the use of a VES function and conclude that there are systematic differences among textile sectors’ productivity and performance.
Starting Page	1
Ending Page	18
Page Count	18
File Format	PDF
ISSN	03777332
Journal	Empirical Economics
Volume Number	32
Issue Number	1
e-ISSN	14358921
Language	English
Publisher	Springer-Verlag
Publisher Date	2006-06-27
Publisher Place	Berlin, Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	VES function Productivity Textiles Scale elasticity Econometrics Statistics for Business/Economics/Mathematical Finance/Insurance Economic Theory Economics general
Content Type	Text
Resource Type	Article
Subject	Statistics and Probability Social Sciences Economics and Econometrics

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Productivity, Scale and Efficiency in the U.S. Textile Industry