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Technical Change and Factor Bias in Polish Industry (1962-1983)

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  • Terrell, Katherine

Abstract

This paper provides improved estimates of technological change and the first estimates of factor bias in Polish industry. The analysis uses newly generated data on Western capital (the factor assumed responsible for technical change), adjusts capital for capacity utilization, and tests for more complex specifications of the production function. The major findings are (1) the trend in technical change was nonincreasing over the period and technological change was Western-capital-using in only two industries (suggesting the government misallocated resources), and (2) technical change was nonneutral in six of the eight industries (suggesting the existing literature suffers from misspecification). Copyright 1993 by MIT Press.

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  • Terrell, Katherine, 1993. "Technical Change and Factor Bias in Polish Industry (1962-1983)," The Review of Economics and Statistics, MIT Press, vol. 75(4), pages 741-747, November.
    • Handle: RePEc:tpr:restat:v:75:y:1993:i:4:p:741-47
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    Cited by:

    1. Lubomír Lízal & Jan Svejnar, 2002. "Investment, Credit Rationing, And The Soft Budget Constraint: Evidence From Czech Panel Data," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 353-370, May.
    2. Perekhozhuk, Oleksandr & Grings, Michael, 2011. "Produktion und Faktoreinsatz unter Transformationsbedingungen: Ökonometrische Analyse der Produktionstechnologie der ukrainischen Milchverarbeitungsindustrie," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 60(01), pages 1-16, February.
    3. Jan Hagemejer & Joanna Tyrowicz, 2021. "Structural change and misallocation: Firm‐level evidence from Poland," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 29(1), pages 95-122, January.
    4. Marian Rizov, 2004. "Firm investment in transition," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 12(4), pages 721-746, December.
    5. Janez Prasnikar & Jan Svejnar, 1998. "Investment Wages and Ownership During the Transition to a Market Economy: Evidence from Slovenian Firms," William Davidson Institute Working Papers Series 144, William Davidson Institute at the University of Michigan.
    6. Lubomir Lizal & Jan Svejnar, 2000. "Financial Conditions and Investment during the Transition: Evidence from Czech Firms," CERGE-EI Working Papers wp153, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    7. Perekhozhuk, Oleksandr & Grings, Michael, 2011. "Produktion und Faktoreinsatz unter Transformationsbedingungen: Ökonometrische Analyse der Produktionstechnologie der ukrainischen Milchverarbeitungsindustrie," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 60(1).

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