Pierre-Daniel G Sarte
Biographic Data
| ID | 5867798 |
|---|---|
| NAME | Pierre-Daniel G Sarte |
| GIVEN NAMES | Pierre-Daniel G |
| FAMILY NAME | Sarte |
| SIGNATURE | SARTE P G |
| AFFILIATIONS | Federal Reserve Bank of Richmond |
| VERIFIED | No |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 48 |
| AUTHOR COUNT | 4 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2010 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 2 |
Plants in Space
To decide the number, size, and location of its plants, a firm balances the benefit of delivering goods from multiple plants with the cost of setting up and managing these plants and the potential for cannibalization among them. Modeling the decisions of heterogeneous firms in an economy with a vast number of distinct locations involves a large combinatorial problem. Using insights from discrete geometry, we study a tractable limit case of this p…
Aggregate Implications of Changing Sectoral Trends
We describe how capital accumulation and the network structure of US production interact to amplify the effects of sectoral trend growth rates in total factor productivity and labor on trend GDP (gross domestic product) growth. We derive expressions that conveniently summarize this long-run amplification effect by way of sectoral multipliers. We estimate that sector-specific factors have historically accounted for approximately three-fourths of l…
Sectoral versus Aggregate Shocks: A Structural Factor Analysis of Industrial Production
Using factor methods, we decompose industrial production (IP) into components arising from aggregate and sector-specific shocks. An approximate factor model finds that nearly all of IP variability is associated with common factors. We then use a multisector growth model to adjust for the effects of input-output linkages in the factor analysis. Thus, a structural factor analysis indicates that the Great Moderation was characterized by a fall in th…
Housing Externalities
Using data compiled from concentrated residential urban revitalization programs implemented in Richmond, Virginia, between 1999 and 2004, we study residential externalities. We estimate that housing externalities decrease by half approximately every 1,000 feet. On average, land prices in neighborhoods targeted for revitalization rose by 2-5 percent at an annual rate above those in a control neighborhood. These increases translate into land value …
Housing Externalities
Using data compiled from concentrated residential urban revitalization programs implemented in Richmond, Virginia, between 1999 and 2004, we study residential externalities. We estimate that housing externalities decrease by half approximately every 1,000 feet. On average, land prices in neighborhoods targeted for revitalization rose by 2-5 percent at an annual rate above those in a control neighborhood. These increases translate into land value …
Sectoral versus Aggregate Shocks: A Structural Factor Analysis of Industrial Production
Using factor methods, we decompose industrial production (IP) into components arising from aggregate and sector-specific shocks. An approximate factor model finds that nearly all of IP variability is associated with common factors. We then use a multisector growth model to adjust for the effects of input-output linkages in the factor analysis. Thus, a structural factor analysis indicates that the Great Moderation was characterized by a fall in th…
Aggregate Implications of Changing Sectoral Trends
We describe how capital accumulation and the network structure of US production interact to amplify the effects of sectoral trend growth rates in total factor productivity and labor on trend GDP (gross domestic product) growth. We derive expressions that conveniently summarize this long-run amplification effect by way of sectoral multipliers. We estimate that sector-specific factors have historically accounted for approximately three-fourths of l…
Housing Externalities
Using data compiled from concentrated residential urban revitalization programs implemented in Richmond, Virginia, between 1999 and 2004, we study residential externalities. We estimate that housing externalities decrease by half approximately every 1,000 feet. On average, land prices in neighborhoods targeted for revitalization rose by 2-5 percent at an annual rate above those in a control neighborhood. These increases translate into land value …
Sectoral versus Aggregate Shocks: A Structural Factor Analysis of Industrial Production
Using factor methods, we decompose industrial production (IP) into components arising from aggregate and sector-specific shocks. An approximate factor model finds that nearly all of IP variability is associated with common factors. We then use a multisector growth model to adjust for the effects of input-output linkages in the factor analysis. Thus, a structural factor analysis indicates that the Great Moderation was characterized by a fall in th…
Aggregate Implications of Changing Sectoral Trends
We describe how capital accumulation and the network structure of US production interact to amplify the effects of sectoral trend growth rates in total factor productivity and labor on trend GDP (gross domestic product) growth. We derive expressions that conveniently summarize this long-run amplification effect by way of sectoral multipliers. We estimate that sector-specific factors have historically accounted for approximately three-fourths of l…
Plants in Space
To decide the number, size, and location of its plants, a firm balances the benefit of delivering goods from multiple plants with the cost of setting up and managing these plants and the potential for cannibalization among them. Modeling the decisions of heterogeneous firms in an economy with a vast number of distinct locations involves a large combinatorial problem. Using insights from discrete geometry, we study a tractable limit case of this p…
Economics (4 works) · Economic Growth and Productivity (3 works) · Aggregate (composite (2 works) · Agricultural economics (2 works) · Econometrics (2 works) · Macroeconomics (2 works) · Monetary economics (2 works) · Monetary Policy and Economic Impact (2 works) · Production (economics (2 works) · Capital (architecture (1 works)