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Aggregation biases in production functions: a panel data analysis of Translog models

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  • Biorn, Erik
  • Skjerpen, Terje

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  • Biorn, Erik & Skjerpen, Terje, 2004. "Aggregation biases in production functions: a panel data analysis of Translog models," Research in Economics, Elsevier, vol. 58(1), pages 31-57, March.
    • Handle: RePEc:eee:reecon:v:58:y:2004:i:1:p:31-57
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    References listed on IDEAS

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    1. Chavas, Jean-Paul, 1993. "On aggregation and its implications for aggregate behaviour," Ricerche Economiche, Elsevier, vol. 47(2), pages 201-214, June.
    2. repec:adr:anecst:y:2003:i:69:p:03 is not listed on IDEAS
    3. Klette, Tor Jakob & Griliches, Zvi, 1996. "The Inconsistency of Common Scale Estimators When Output Prices Are Unobserved and Endogenous," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 11(4), pages 343-361, July-Aug..
    4. Erik Biorn & Kjerti-Gro Lindquist & Terje Skjerpen, 2003. "Random Coefficients in Unbalanced Panels: An Application on Data from Chemical Plants," Annals of Economics and Statistics, GENES, issue 69, pages 55-83.
    5. Bertrand Koebel, 1998. "Tests of Representative Firm Models: Results for German Manufacturing Industries," Journal of Productivity Analysis, Springer, vol. 10(3), pages 251-270, November.
    6. Jorgenson, Dale W., 1986. "Econometric methods for modeling producer behavior," Handbook of Econometrics, in: Z. Griliches† & M. D. Intriligator (ed.), Handbook of Econometrics, edition 1, volume 3, chapter 31, pages 1841-1915, Elsevier.
    7. D. W. Jorgenson & Z. Griliches, 1967. "The Explanation of Productivity Change," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 34(3), pages 249-283.
    8. Erik Biørn & Kjersti-Gro Lindquist & Terje Skjerpen, 2002. "Heterogeneity in Returns to Scale: A Random Coefficient Analysis with Unbalanced Panel Data," Journal of Productivity Analysis, Springer, vol. 18(1), pages 39-57, July.
    9. Joan MUYSKEN, 1987. "The distribution approach to the aggregation of production functions," Discussion Papers (REL - Recherches Economiques de Louvain) 1987034, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    10. Hildenbrand, Werner, 1981. "Short-Run Production Functions Based on Microdata," Econometrica, Econometric Society, vol. 49(5), pages 1095-1125, September.
    11. Hildenbrand, W. & Kneip, A., 1999. "Demand aggregation under structural stability," Journal of Mathematical Economics, Elsevier, vol. 31(1), pages 81-109, February.
    12. Erik Biørn & Kjersti-Gro Lindquist & Terje Skjerpen, 2000. "Micro Data On Capital Inputs: Attempts to Reconcile Stock and Flow Information," Discussion Papers 268, Statistics Norway, Research Department.
    13. Stoker, Thomas M, 1993. "Empirical Approaches to the Problem of Aggregation Over Individuals," Journal of Economic Literature, American Economic Association, vol. 31(4), pages 1827-1874, December.
    14. Malinvaud, Edmond, 1993. "A framework for aggregation theories," Ricerche Economiche, Elsevier, vol. 47(2), pages 107-135, June.
    15. Stoker, Thomas M., 1982. "Completeness, distribution restrictions and the form of aggregate functions," Working papers 1345-82., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    16. Hildenbrand, Werner, 1998. "How relevant are specifications of behavioral relations on the micro-level for modelling the time path of population aggregates?," European Economic Review, Elsevier, vol. 42(3-5), pages 437-458, May.
    17. repec:adr:anecst:y:1991:i:20-21:p:03 is not listed on IDEAS
    18. Arthur Lewbel, 1992. "Aggregation with Log-Linear Models," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(3), pages 635-642.
    19. Erik Biørn & Terje Skjerpen, 2002. "Aggregation and Aggregation Biases in Production Functions: A Panel Data Analysis of Translog Models," Discussion Papers 317, Statistics Norway, Research Department.
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    Cited by:

    1. Erik Biørn & Terje Skjerpen & Knut R. Wangen, 2006. "Can Random Coefficient Cobb Douglas Production Functions be Aggregated to Similar Macro Functions?," Contributions to Economic Analysis, in: Panel Data Econometrics Theoretical Contributions and Empirical Applications, pages 229-258, Emerald Group Publishing Limited.

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