Catherine J Morrison

Biographic Data

ID5736636
NAMECatherine J Morrison
GIVEN NAMESCatherine J
FAMILY NAMEMorrison
SIGNATUREMORRISON C J
AFFILIATIONSTufts University
VERIFIEDNo
TOTAL WORKS10
TOTAL CITATIONS2
AUTHOR COUNT10
EDITOR COUNT0
FIRST PUBLICATION YEAR1985
LATEST PUBLICATION YEAR1997
H-INDEX1

  • External Capital Factors and Increasing Returns in U.S. Manufacturing

    Catherine J Morrison, Donald S Siegel et al.ARTICLEThe Review of Economics and…1997

    Theoretical models of endogenous growth identify capital accumulation and returns as a potential stimulus to economic growth. Existing empirical studies, however, are based on a limited notion of these returns, which follows from the simple production function framework used for estimation. The purpose of this study is to examine growth issues using dynamic cost function estimation. This methodology enables us to broaden the concept of returns to…

  • Assessing the Productivity of Information Technology Equipment in U.S. Manufacturing Industries

    Catherine J MorrisonARTICLEThe Review of Economics and…1997

    We assess the cost-reducing impacts of increasing stocks of “high-tech” equipment (O capital). Our empirical analysis is based on a dynamic production theory model and annual data for two-digit U.S. manufacturing industries (1952–1991). We find evidence of overinvestment in O capital in the mid to late 1980s, following a period of strong investment incentives in the late 1970s. By the end of the 1980s, however, the returns to investment and falli…

  • Public Infrastructure, Private Input Demand, and Economic Performance in New England Manufacturing

    Catherine J Morrison, Amy Ellen SchwartzARTICLEJournal of Business and Economic…1996

    The economic performance impacts of public infrastructure investment involve the input-specific effects of such investment. The authors explore these impacts by evaluating input substitution patterns in New England manufacturing. Using a cost-based methodology, they find that public capital expenditures provide short-run cost-saving benefits that exceed the associated investment costs due to substitutability between public capital and private inp…

  • Investment in Capital Assets and Economic Performance: The U.S. Chemicals and Primary-Metals Industries in Transition

    Catherine J MorrisonARTICLEJournal of Business and Economic…1993

    The effects of market and technological conditions on the investment and markup behavior of firms, and their resulting impacts on economic performance, are closely interrelated and complex. In this article, determinants of and linkages among these are explored for two industries with very different performance records and development patterns over the past three decades — the chemicals and primary-metals industries. lnvestment decisions for gener…

  • Markups in U.S. and Japanese Manufacturing: A Short-Run Econometric Analysis

    Catherine J MorrisonARTICLEJournal of Business and Economic…1992

    In this article, a production-theory-based model of firms' markup behavior is constructed. The theoretical structure is based on variants of generalized Leontief cost and expenditure functions. This framework yields a specification of behavior from which the impacts of both supply and demand shocks on firms' markup behavior can be assessed through elasticities. Adjustment costs on both labor and capital and economies of scale are incorporated. Es…

  • Unraveling the Productivity Growth Slowdown in the United States, Canada and Japan: The Effects of Subequilibrium, Scale Economies and Markups

    Catherine J MorrisonARTICLEThe Review of Economics and…1992

    Catherine J. Morrison, Unraveling the Productivity Growth Slowdown in the United States, Canada and Japan: The Effects of Subequilibrium, Scale Economies and Markups, The Review of Economics and Statistics, Vol. 74, No. 3 (Aug., 1992), pp. 381-393

  • Quasi-fixed Inputs in U.S. and Japanese Manufacturing: A Generalized Leontief Restricted Cost Function Approach

    Catherine Morrison, Catherine J MorrisonARTICLEThe Review of Economics and…1988

    Catherine Morrison, Quasi-fixed Inputs in U.S. and Japanese Manufacturing: a Generalized Leontief Restricted Cost Function Approach, The Review of Economics and Statistics, Vol. 70, No. 2 (May, 1988), pp. 275-287

  • Subequilibrium in the North American Steel Industries: A Study of Short Run Biases from Regulation and Utilisation Fluctuations

    Catherine Morrison, Catherine J MorrisonARTICLEThe Economic Journal1988Cited by: 1References: 1

    The purpose of this paper has been to develop a short-run framework for assessment of various biases, including technical, output or scale, utilization, and regulatory biases, to address questions about the impacts of exogenous shocks on firm behavior. This framework was then used to assess issues about the effects of regulation, utilization, output demand fluctuations, and technical change on the structure of the steel industry. The theoretical …

  • Adjusting Output and Productivity Indexes for Changes in the Terms of Trade

    W Erwin Diewert, Walter Diewert et al.ARTICLEThe Economic Journal1986Cited by: 1

    In this paper we employ index number theory in addressing the problem of adjusting real national income and real domestic product for changes in a country's terms of trade. More specifically, using recent developments in the theory of production, we address the problems related to measuring: (i) real output produced and real input utilized by the private business sector;(ii) productivity growth or technical change; (iii) the effects on domestic r…

  • Primal and Dual Capacity Utilization: An Application to Productivity Measurement in the U.S. Automobile Industry

    Catherine J MorrisonARTICLEJournal of Business and Economic…1985

    Capacity utilization measures have traditionally been constructed as indexes of actual, as compared to “potential,” output. This potential or capacity output (Y*) can be represented within an economic model of the firm as the tangency between the short- and long-run average cost curves. Economic theoretical measures of capacity utilization (CU) can then be characterized as Y/Y* where Y is the realized level of output. These quantity or primal CU …