Applied Econometrics
Production Functions
Paul Dunne
Main texts:
Thomas RL (1985) "Introductory Econometrics", Longman Ch 1
Intriligator, Bodkin and Hsiao (1998) Chapter 8
Berndt ER (1991) "The Practice of Econometrics", Addison Wesley. Chapter 9.
Other useful:
Wallis KF (1979) "Topics in Applied Econometrics", Blackwell. Chapter II
Desai M (1976) "Applied Econometrics", Philip Alan. Chapters 5 and 6
Hebden J (1983) "Applications of Econometrics" Philip Allen. Chapters 4 and 5.
Applied Articles:
Batchelor, P, Dunne, P and D Saal (1999) "Military Spending and Economic Growth in South Africa", Economics Discussion Paper, Middlesex University Business School. February. Applies a Feder-Ram growth maodel to South African data.
McCombie and Dixon (1991) "Estimating Technical Change in Aggregate Production Functions: A Critique", International Review of Applied Econometrics. Provides a valuable critique of studies estimating aggregate production functions.
Crafts N (1992)"Productivity Growth Reconsidered", Economic Policy, CEPR. Useful survey of issues and litereature.
Muellbauer J (1986) "The Assessment: Productivity and Competitiveness in British Manufacturing", Oxford Review of Economic Policy, Vol 2, No 3. Gives interesting application of simple C-D production function to UK economy. Also Nolan critique in Green F (1989) "The restructuring of the UK Economy", Harvester.