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  1. On the identification of gross output production functions
    Autor*in: Gandhi, Amit; Navarro, Salvador; Rivers, David A.
    Erschienen: 2018
    Verlag:  Centre for Human Capital and Productivity (CHCP), Department of Economics, Social Science Centre, Western University, London, Ontario, Canada

    We study the nonparametric identification of gross output production functions under the environment of the commonly employed proxy variable methods. We show that applying these methods to gross output requires additional sources of variation in the... mehr

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 236 (2018,1)
    Fernleihe:
    keine Fernleihe

     

    We study the nonparametric identification of gross output production functions under the environment of the commonly employed proxy variable methods. We show that applying these methods to gross output requires additional sources of variation in the demand for flexible inputs (e.g., prices). Using a transformation of the firm's first-order condition, we develop a new nonparametric identification strategy for gross output that can be employed even when additional sources of variation are not available. Monte Carlo evidence and estimates from Colombian and Chilean plant-level data show that our strategy performs well and is robust to deviations from the baseline setting.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/180872
    Schriftenreihe: Working paper / Centre for Human Capital and Productivity (CHCP) ; # 2018, 1 (May 2018)
    Schlagworte: Produktionsfunktion; Produktivität; Vorleistungen; Preisstreuung; Nichtparametrische Schätzung; Chile; Kolumbien
    Umfang: 1 Online-Ressource (circa 92 Seiten), Illustrationen
  2. On the identification of production functions
    how heterogeneous is productivity?
    Autor*in: Gandhi, Amit; Navarro, Salvador; Rivers, David A.
    Erschienen: 2011
    Verlag:  CIBC Centre for Human Capital and Productivity, London, Ontario

    The estimation of production functions suffers from an unresolved identification problem caused by flexible inputs, such as intermediate inputs. We develop an identification strategy for production functions based on a transformation of the firm's... mehr

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 236 (2011,9)
    Fernleihe:
    keine Fernleihe

     

    The estimation of production functions suffers from an unresolved identification problem caused by flexible inputs, such as intermediate inputs. We develop an identification strategy for production functions based on a transformation of the firm's short-run first order condition that solves the problem for both gross output and valueadded production functions. We apply our approach to plant-level data from Colombia and Chile, and find that a gross output production function implies fundamentally different patterns of productivity heterogeneity than a value-added specification. This finding is consistent with our analysis of the bias induced by the use of value-added.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/70345
    Schriftenreihe: CIBC working paper series ; 2011-9
    Schlagworte: Produktion; Vorleistungen; Produktionsfunktion; Produktivität; Schätzung; Chile; Kolumbien
    Umfang: Online-Ressource (PDF-Datei: 49 S. 650,72 KB)