Social and Behavioral Sciences | Open Access Articles

Op Ed-Random Ramblings: Is A Theory Of Collection Development Possible?, Bob Holley

Against the Grain

No abstract provided.

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From A University Press-Ball Of Confusion, Leila W. Salisbury

Against the Grain

No abstract provided.

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Expected Efficiency Ranks From Parametric Stochastic Frontier Models, William C. Horrace, Seth Richards-Shubik

Center for Policy Research

In the stochastic frontier model we extend the multivariate probability statements of Horrace (2005) to calculate the conditional probability that a firm is any particular efficiency rank in the sample. From this we construct the conditional expected efficiency rank for each firm. Compared to the traditional ranked efficiency point estimates, firm-level conditional expected ranks are more informative about the degree of uncertainty of the ranking. The conditional expect ranks may be useful for empiricists. A Monte Carlo study and an empirical example are provided.

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Climbing The Digital Everest: The Journey To Digitize The Nineteenth Century, Ray Abruzzi

Against the Grain

No abstract provided.

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Effects Of Terms Of Trade Gains And Tariff Changes On The Measurement Of Us Productivity Growth, Robert C. Feenstra, Benjamin R. Mandel, Marshall B. Reinsdorf, Matthew J. Slaughter

Dartmouth Scholarship

The acceleration in US productivity growth since 1995 is often attributed to declining prices for information technology (IT ) goods, and therefore enhanced productivity growth in that sector. We investigate an alternative explanation for these IT price movements: gains in the US terms of trade and tariff reductions, especially for IT products, which led to greater gains than shown by official indexes. We do not, however, investigate the indexes used to deflate the domestic absorption components of GDP, and if upward biases are present in those indexes that could offset some of the effects of mismeasured export and import indexes. …

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China And Global Imbalances From A View Of Sectorial Reforms, Hiro Ito, Ulrich Volz

Economics Faculty Publications and Presentations

This paper examines the impact of sectorial reforms on current account imbalances, with a special focus on China. In particular, we investigate to what extent reforms pertaining to the financial sector, social protection, and healthcare may contribute to a rebalancing of China’s persistent current account imbalances. Our forecasting results suggest that reforming the financial sector would be a significant contributor to the country’s rebalancing with an effect much larger than that of capital account liberalization. Strengthened provisions of social protection and publicly-funded healthcare are also found to contribute to a rebalancing of the Chinese economy.

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