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Production Price (production + price)
Selected AbstractsPRODUCTIVITY ACCOUNTING BASED ON PRODUCTION PRICESMETROECONOMICA, Issue 2 2010Matteo Degasperi ABSTRACT In this paper we propose a method of productivity accounting based on production prices. By using input,output tables from four major OECD countries between 1970 and 2000, we compute the associated wage,profit frontiers and the net national products, and from these we derive two measures of productivity growth based on production prices and a chosen numéraire. Our findings support the general conclusions in the existing literature on the productivity slowdown and later rebound, and supply new important insights to the extent and timing of these events. [source] Second Best Redistributive Policies: The Case Of International TradeJOURNAL OF PUBLIC ECONOMIC THEORY, Issue 1 2001Roger Guesnerie The paper presents a brief review of recent work that focuses on the normative economics of international trade. In a Heckscher,Ohlin-like economy, with skilled and unskilled workers, the available redistributive tools (that include income taxation) are not powerful enough to allow the separation of efficiency and equity issues, and "production efficiency" is no longer desirable. At a social optimum that calls for redistribution toward the unskilled workers, the social value of the unskilled intensive good is necessarily smaller than its production price. This finding allows us to unify existing results and suggests conjectures. [source] The IBUS Process , Lignocellulosic Bioethanol Close to a Commercial RealityCHEMICAL ENGINEERING & TECHNOLOGY (CET), Issue 5 2008J. Larsen Abstract Integrated Biomass Utilization System (IBUS) is a new process for converting lignocellulosic waste biomass to bioethanol. Inbicon A/S has developed the IBUS process in a large-scale process development unit. This plant features new continuous and energy-efficient technology developed for pretreatment and liquefaction of lignocellulosic biomass and has now been operated and optimized for four years with promising results. In the IBUS process, biomass is converted using steam and enzymes only. The process is energy efficient due to very high dry matter content in all process steps and by integration with a power plant. Cellulose is converted to bioethanol and lignin to a high-quality solid biofuel which supply the process energy as well as a surplus of heat and power. Hemicellulose is used as feed molasses but in the future it could also be used for additional ethanol production or other valuable products. Feasibility studies of the IBUS process show that the production price for lignocellulosic bioethanol is close to the world market price for fuel ethanol. There is still room for optimization , and lignocellulosic bioethanol is most likely a commercial alternative to fossil transport fuels before 2012. [source] PRODUCTIVITY ACCOUNTING BASED ON PRODUCTION PRICESMETROECONOMICA, Issue 2 2010Matteo Degasperi ABSTRACT In this paper we propose a method of productivity accounting based on production prices. By using input,output tables from four major OECD countries between 1970 and 2000, we compute the associated wage,profit frontiers and the net national products, and from these we derive two measures of productivity growth based on production prices and a chosen numéraire. Our findings support the general conclusions in the existing literature on the productivity slowdown and later rebound, and supply new important insights to the extent and timing of these events. [source] | ||||||||||