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Econometric Issues and Methods in the Estimation of Production Functions

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  • Aguirregabiria, Victor

Abstract

This paper discusses the main econometric issues in the identification and estimation of production functions, and reviews recent methods. The main emphasis of the paper is in explaining the role of different identifying assumptions used in alternative estimation methods.

Suggested Citation

  • Aguirregabiria, Victor, 2009. "Econometric Issues and Methods in the Estimation of Production Functions," MPRA Paper 15973, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:15973
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    References listed on IDEAS

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    4. Audretsch, David B. & Kritikos, Alexander S. & Schiersch, Alexander, 2020. "Microfirms and innovation in the service sector," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 55(4), pages 997-1018.
    5. Piotr Gabrielczak & Tomasz Serwach, 2014. "Produktywnosc a ekspansja miedzynarodowa przedsiebiorstw. Przypadek wojewodztwa lodzkiego / Firms’ productivity and their international expansion. The case of Lodz voivodeship," International Economics, University of Lodz, Faculty of Economics and Sociology, issue 5, pages 7-28, March.
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    13. Hirokazu Mizobata, 2018. "Firm Heterogeneity and the Dynamics of Credit Rationing in Japan," KIER Working Papers 1000, Kyoto University, Institute of Economic Research.
    14. Jaison Chireshe & Matthew K. Ocran, 2020. "Health care expenditure and health outcomes in sub‐Saharan African countries," African Development Review, African Development Bank, vol. 32(3), pages 349-361, September.
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    18. Richter, Philipp M. & Schiersch, Alexander, 2017. "CO2 emission intensity and exporting: Evidence from firm-level data," European Economic Review, Elsevier, vol. 98(C), pages 373-391.
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    21. Piotr Gabrielczak & Tomasz Serwach, 2014. "The Link between Firm-Level Productivity and Decisions to Export," Theory Methodology Practice (TMP), Faculty of Economics, University of Miskolc, vol. 10(01), pages 3-8.
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    More about this item

    Keywords

    Production Function Estimation. Dynamic Panel Data Models. Endogeneity. Sample Selection.;

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics

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