{"id":5755,"date":"2017-10-09T12:55:11","date_gmt":"2017-10-09T03:55:11","guid":{"rendered":"https:\/\/www.waseda.jp\/fpse\/winpec\/?p=5755"},"modified":"2017-10-09T12:55:11","modified_gmt":"2017-10-09T03:55:11","slug":"%ef%bc%91%ef%bc%90%e6%9c%88%ef%bc%91%ef%bc%97%e6%97%a5%e7%8f%be%e6%94%bf%e7%a0%94%e3%82%bb%e3%83%9f%e3%83%8a%e3%83%bc%ef%bc%88%e9%88%b4%e6%9c%a8%e9%80%9a%e9%9b%84%e5%85%88%e7%94%9f%ef%bc%89%e3%81%ae","status":"publish","type":"post","link":"https:\/\/www.waseda.jp\/fpse\/winpec\/news\/2017\/10\/09\/5755\/","title":{"rendered":"\uff11\uff10\u6708\uff11\uff17\u65e5\u73fe\u653f\u7814\u30bb\u30df\u30ca\u30fc\uff08\u9234\u6728\u901a\u96c4\u5148\u751f\uff09\u306e\u3054\u6848\u5185\/the WINPEC Seminar on October 17th."},"content":{"rendered":"<p>\u203bFor English please scroll down.<\/p>\n<p>&nbsp;<\/p>\n<p>\uff11\uff10\u6708\uff11\uff17\u65e5\uff08\u706b\uff09\u306b\u884c\u308f\u308c\u307e\u3059\u3001\u73fe\u653f\u7814\u30bb\u30df\u30ca\u30fc\u306e\u65e5\u7a0b\u3001\u5834\u6240\u306a\u3069\u306b\u3064\u304d\u307e\u3057\u3066\u3054\u6848\u5185\u7533\u3057\u4e0a\u3052\u307e\u3059\u3002<\/p>\n<p>\u3010\u65e5\u3000\u6642\u3011\uff11\uff10\u6708\uff11\uff17\u65e5\uff08\u706b\uff09\uff11\uff10\uff1a\uff14\uff10\uff5e\uff11\uff12\uff1a\uff11\uff10<\/p>\n<p>\u3010\u5834\u3000\u6240\u3011\u65e9\u7a32\u7530\u5927\u5b66\u3000\u65e9\u7a32\u7530\u30ad\u30e3\u30f3\u30d1\u30b9\uff13\u53f7\u9928\uff11\uff10\u968e \u7b2c\u4e00\u4f1a\u8b70\u5ba4<\/p>\n<p>\u3010\u5831\u544a\u8005\u3011\u3000\u9234\u6728\u3000\u901a\u96c4\u3000\u5148\u751f\u3000\uff08\u4e00\u6a4b\u5927\u5b66\u3000\u7279\u4efb\u51c6\u6559\u6388\uff09<\/p>\n<p>\u3010\u30bf\u30a4\u30c8\u30eb\u3011Decomposition of Aggregate Productivity Growth with Unobserved Heterogeneity<\/p>\n<p>\u3010\u6982\u8981\u3011<\/p>\n<p>Aggregate productivity growth and the role of input reallocation have been hotly debated. Yet, it has received little attention how the measurement of reallocation relies on the commonly-made assumption that a production technology is uniform within an industry. To quantify the effects of unobserved heterogeneity in production technology, we estimate a random-coefficient Cobb-Douglas production function. We identify plant&#8217;s type from the distribution of the intermediate input to sales ratio using the first order condition without permanent distortions in intermediate input markets.\u00a0 The empirical analysis uses plant-level data from the Japanese Census of Manufacture.\u00a0 We find that accounting for unobserved heterogeneity lowers the volatility of technical efficiency and reallocation contributions.\u00a0 For knitted garments industry that features large dispersion in the intermediate input share, the average growth rate of the reallocation component over the 5-year period after the bubble burst in Japan is -0.5\\% with heterogeneity, while it is 0.4\\% without heterogeneity.<\/p>\n<p>&nbsp;<\/p>\n<p>\u3010\u62db\u8058\u6559\u54e1\u3011\u3000\u6238\u6751\u3000\u8087\u3000\u5148\u751f \uff08 <a href=\"mailto:htomura@waseda.jp\">htomura@waseda.jp<\/a> \uff09<\/p>\n<p>&nbsp;<\/p>\n<p>\u73fe\u653f\u7814\u30bb\u30df\u30ca\u30fc\u306f\u5e83\u304f\u307f\u306a\u3055\u307e\u306b\u3072\u3089\u304b\u308c\u305f\u30bb\u30df\u30ca\u30fc\u3067\u3059\u3002<\/p>\n<p>\u7686\u69d8\u306e\u5fa1\u53c2\u52a0\u3092\u304a\u5f85\u3061\u3057\u3066\u304a\u308a\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>*English<\/p>\n<p>This notice is to inform you of the WINPEC (Waseda Institute of Political Economy) Seminar on Oct. 17th.<\/p>\n<p>\u3010TIME\u301117th, October Tuesday, 10:40-12:10<\/p>\n<p>\u3010Venue\u3011The meeting room (conference room) #1, BUILDING 3 &#8211; Floor 10.<\/p>\n<p>\u3010Presenter\u3011Michio SUZUKI. (Hitotsubashi University, Adjunct Associate Professor)<\/p>\n<p>\u3010Title\u3011Decomposition of Aggregate Productivity Growth with Unobserved Heterogeneity<\/p>\n<p>\u3010 Abstract \u3011<\/p>\n<p>Aggregate productivity growth and the role of input reallocation have been hotly debated. Yet, it has received little attention how the measurement of reallocation relies on the commonly-made assumption that a production technology is uniform within an industry. To quantify the effects of unobserved heterogeneity in production technology, we estimate a random-coefficient Cobb-Douglas production function. We identify plant&#8217;s type from the distribution of the intermediate input to sales ratio using the first order condition without permanent distortions in intermediate input markets.\u00a0 The empirical analysis uses plant-level data from the Japanese Census of Manufacture.\u00a0 We find that accounting for unobserved heterogeneity lowers the volatility of technical efficiency and reallocation contributions.\u00a0 For knitted garments industry that features large dispersion in the intermediate input share, the average growth rate of the reallocation component over the 5-year period after the bubble burst in Japan is -0.5\\% with heterogeneity, while it is 0.4\\% without heterogeneity.<\/p>\n<p>&nbsp;<\/p>\n<p>\u3010Organizer\u3011Prof. Hajime Tomura<\/p>\n<p>&nbsp;<\/p>\n<p>We encourage your participation.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u203bFor English please scroll down. &nbsp; \uff11\uff10\u6708\uff11\uff17\u65e5\uff08\u706b\uff09\u306b\u884c\u308f\u308c\u307e\u3059\u3001\u73fe\u653f\u7814\u30bb\u30df\u30ca\u30fc\u306e\u65e5\u7a0b\u3001\u5834\u6240\u306a\u3069\u306b\u3064\u304d\u307e\u3057\u3066\u3054\u6848\u5185\u7533\u3057\u4e0a\u3052\u307e\u3059\u3002 \u3010\u65e5\u3000\u6642\u3011\uff11\uff10\u6708\uff11\uff17\u65e5\uff08\u706b\uff09\uff11\uff10\uff1a\uff14\uff10\uff5e\uff11\uff12 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[103,104,105,1],"tags":[99,18],"class_list":["post-5755","post","type-post","status-publish","format-standard","hentry","category-news-en","category-other-en","category-other","category-news","tag-events-en","tag-events"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.waseda.jp\/fpse\/winpec\/wp-json\/wp\/v2\/posts\/5755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.waseda.jp\/fpse\/winpec\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.waseda.jp\/fpse\/winpec\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/fpse\/winpec\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/fpse\/winpec\/wp-json\/wp\/v2\/comments?post=5755"}],"version-history":[{"count":0,"href":"https:\/\/www.waseda.jp\/fpse\/winpec\/wp-json\/wp\/v2\/posts\/5755\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.waseda.jp\/fpse\/winpec\/wp-json\/wp\/v2\/media?parent=5755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.waseda.jp\/fpse\/winpec\/wp-json\/wp\/v2\/categories?post=5755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.waseda.jp\/fpse\/winpec\/wp-json\/wp\/v2\/tags?post=5755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}