Parametric Aggregation of Random Coefficient Cobb-Douglas Production Functions: Evidence from Manufacturing Industries
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- 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..
- Klette, T.J., 1992. "The Inconsistency of Common Scale Estimators when Output Prices are unobserved and Endogenous," Harvard Institute of Economic Research Working Papers 1586, Harvard - Institute of Economic Research.
- Tor Jakob Klette & Zvi Griliches, 1992. "The Inconsistency of Common Scale Estimators When Output Prices Are Unobserved and Engogenous," NBER Working Papers 4026, National Bureau of Economic Research, Inc.
- Tor Jakob Klette & Zvi Griliches, 1994. "The Inconsistency of Common Scales Estimators when Output Prices are Unobserved and Endogenous," Discussion Papers 127, Statistics Norway, Research Department.
- Antle, John M, 1983. "Testing the Stochastic Structure of Production: A Flexible Moment-based Approach," Journal of Business & Economic Statistics, American Statistical Association, vol. 1(3), pages 192-201, July.
- 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.
- Erik Biørn & Kjersti-Gro Lindquist & Terje Skjerpen, 2000. "Heterogeneity in Returns to Scale: A Random Coefficient Analysis with Unbalanced Panel Data," Discussion Papers 292, Statistics Norway, Research Department.
- 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.
- 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.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- 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.
- Biørn, Erik & Skjerpen, Terje & Wangen, Knut Reidar, 2004. "Can Random Coefficient Cobb-Douglas Production Functions Be Aggregated to Similar Macro Functions?," Memorandum 22/2004, Oslo University, Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- 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.
- Biørn, Erik & Skjerpen, Terje & Wangen, Knut Reidar, 2004. "Can Random Coefficient Cobb-Douglas Production Functions Be Aggregated to Similar Macro Functions?," Memorandum 22/2004, Oslo University, Department of Economics.
- 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.
- 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.
- Yuriy Gorodnichenko, 2007.
"Using Firm Optimization to Evaluate and Estimate Returns to Scale,"
NBER Working Papers
13666, National Bureau of Economic Research, Inc.
- Gorodnichenko, Yuriy, 2008. "Using Firm Optimization to Evaluate and Estimate Returns to Scale," IZA Discussion Papers 3368, Institute of Labor Economics (IZA).
- Ornaghi, Carmine, 2008. "Price deflators and the estimation of the production function," Economics Letters, Elsevier, vol. 99(1), pages 168-171, April.
- Andrew B. Bernard & Jonathan Eaton & J. Bradford Jensen & Samuel Kortum, 2003.
"Plants and Productivity in International Trade,"
American Economic Review, American Economic Association, vol. 93(4), pages 1268-1290, September.
- Andrew B. Bernard & Jonathan Eaton & J. Bradford Jenson & Samuel Kortum, 2000. "Plants and Productivity in International Trade," NBER Working Papers 7688, National Bureau of Economic Research, Inc.
- Andrew B. Bernard & Jonathan Eaton & J. Bradford Jensen & Samuel Kortum, 2000. "Plants and Productivity in International Trade," Boston University - Institute for Economic Development 105, Boston University, Institute for Economic Development.
- Andrew B Bernard & Jonathan Eaton & J. Bradford Jensen & Samuel Kortum, 2000. "Plants and productivity in international trade," Working Papers 00-08, Center for Economic Studies, U.S. Census Bureau.
- Catherine Fuss & Angelos Theodorakopoulos, 2018.
"Compositional Changes in Aggregate Productivity in an Era of Globalisation and Financial Crisis,"
Working Papers of VIVES - Research Centre for Regional Economics
627696, KU Leuven, Faculty of Economics and Business (FEB), VIVES - Research Centre for Regional Economics.
- Catherine Fuss & Angelos Theodorakopoulos, 2018. "Compositional changes in aggregate productivity in an era of globalisation and financial crisis," Working Paper Research 336, National Bank of Belgium.
- Sauer, Johannes & Zilberman, David, 2009.
"Innovation Behaviour At Farm Level – Selection And Identification,"
83rd Annual Conference, March 30 - April 1, 2009, Dublin, Ireland
51073, Agricultural Economics Society.
- Sauer, Johannes & Zilberman, David, 2009. "Innovation behaviour at farm level: Selection and identification," 49th Annual Conference, Kiel, Germany, September 30-October 2, 2009 53276, German Association of Agricultural Economists (GEWISOLA).
- Sauer, Johannes & Zilberman, David, 2010. "Innovation Behaviour At Farm Level – Selection And Identification," 114th Seminar, April 15-16, 2010, Berlin, Germany 61354, European Association of Agricultural Economists.
- Francesco Serti & Chiara Tomasi, 2008.
"Self-Selection and Post-Entry Effects of Exports: Evidence from Italian Manufacturing Firms,"
Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 144(4), pages 660-694, December.
- Francesco Serti & Chiara Tomasi, 2007. "Self Selection and Post-Entry effects of Exports. Evidence from Italian Manufacturing firms," LEM Papers Series 2007/20, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Wu, Mingran & Zhao, Min & Wu, Zhaodan, 2019. "Evaluation of development level and economic contribution ratio of science and technology innovation in eastern China," Technology in Society, Elsevier, vol. 59(C).
- Matthias Arnold, Jens & Javorcik, Beata S., 2009.
"Gifted kids or pushy parents? Foreign direct investment and plant productivity in Indonesia,"
Journal of International Economics, Elsevier, vol. 79(1), pages 42-53, September.
- Beata Javorcik & Jens Matthias Arnold, 2009. "Gifted Kids or Pushy Parents? Foreign Direct Investment and Plant Productivity in Indonesia," Economics Series Working Papers 434, University of Oxford, Department of Economics.
- Biorn, Erik & Hagen, Terje P. & Iversen, Tor & Magnussen, Jon, 2006.
"Heterogeneity in Hospitals' Responses to a Financial Reform: A Random Coefficient Analysis of The Impact of Activity-Based Financing on Efficiency,"
MPRA Paper
8169, University Library of Munich, Germany.
- Eric, Biørn & Hagen, Terje P. & Iversen, Tor & Magnussen, Jon, 2009. "Heterogenety in hospitals responses to a financial reform: A random coefficient analysis of the impact of activity-based financing on efficiency," HERO Online Working Paper Series 2006:9, University of Oslo, Health Economics Research Programme.
- Kahyarara, Godius, 2021. "Macroeconomic Environment and Firm level Performance in Tanzania," African Journal of Economic Review, African Journal of Economic Review, vol. 9(2), April.
- Nicholas Bloom & Mark Schankerman & John Van Reenen, 2013.
"Identifying Technology Spillovers and Product Market Rivalry,"
Econometrica, Econometric Society, vol. 81(4), pages 1347-1393, July.
- Nick Bloom & Mark Schankerman & John Van Reenen, 2005. "Identifying technology spillovers and product market rivalry," Proceedings, Federal Reserve Bank of San Francisco.
- Bloom, Nick & Schankerman, Mark & Van Reenen, John, 2005. "Identifying technology spillovers and product market rivalry," LSE Research Online Documents on Economics 3728, London School of Economics and Political Science, LSE Library.
- Bloom, Nick & Schankerman, Mark & Van Reenen, John, 2007. "Identifying technology spillovers and product market rivalry," LSE Research Online Documents on Economics 5091, London School of Economics and Political Science, LSE Library.
- Bloom, Nick & Schankerman, Mark & Van Reenen, John, 2013. "Identifying technology spillovers and product market rivalry," LSE Research Online Documents on Economics 46852, London School of Economics and Political Science, LSE Library.
- Nicholas Bloom & Mark Schankerman & John Van Reenen, 2005. "Identifying Technology Spillovers and Product Market Rivalry," CEP Discussion Papers dp0675, Centre for Economic Performance, LSE.
- Bloom, Nick & Schankerman, Mark & Van Reenen, John, 2005. "Identifying technology spillovers and product market rivalry," LSE Research Online Documents on Economics 5077, London School of Economics and Political Science, LSE Library.
- Schankerman, Mark & Van Reenen, John & Bloom, Nicholas, 2005. "Identifying Technology Spillovers and Product Market Rivalry," CEPR Discussion Papers 4912, C.E.P.R. Discussion Papers.
- Bloom, Nick & Schankerman, Mark & Van Reenen, John, 2005. "Identifying technology spillovers and product market rivalry," LSE Research Online Documents on Economics 780, London School of Economics and Political Science, LSE Library.
- Nicholas Bloom & Mark Schankerman & John Van Reenen, 2007. "Identifying Technology Spillovers and Product Market Rivalry," NBER Working Papers 13060, National Bureau of Economic Research, Inc.
- Nick Bloom & Mark Schankerman & John Van Reenen, 2005. "Identifying technology spillovers and product market rivalry," STICERD - Economics of Industry Papers 40, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Sabien Dobbelaere & Jacques Mairesse, 2010.
"Comparing Micro-evidence on Rent Sharing from Three Different Approaches,"
NBER Working Papers
16220, National Bureau of Economic Research, Inc.
- Dobbelaere, Sabien & Mairesse, Jacques, 2015. "Comparing micro-evidence on rent sharing from three different approaches," MERIT Working Papers 2015-029, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Dobbelaere, Sabien & Mairesse, Jacques, 2015. "Comparing Micro-Evidence on Rent Sharing from Three Different Approaches," IZA Discussion Papers 9124, Institute of Labor Economics (IZA).
- Sabien Dobbelaere & Jacques Mairesse, 2015. "Comparing Micro-Evidence on Rent Sharing from Three Different Approaches," Tinbergen Institute Discussion Papers 15-068/VII, Tinbergen Institute.
- Chiara Criscuolo & Ralf Martin, 2009.
"Multinationals and U.S. Productivity Leadership: Evidence from Great Britain,"
The Review of Economics and Statistics, MIT Press, vol. 91(2), pages 263-281, May.
- Chiara Criscuolo & Ralf Martin, 2004. "Multinationals and U.S. Productivity Leadership: Evidence from Great Britain," OECD Science, Technology and Industry Working Papers 2004/5, OECD Publishing.
- Chiara Criscuolo & Ralf Martin, 2005. "Multinationals and US Productivity Leadership: Evidence from Great Britain," CEP Discussion Papers dp0672, Centre for Economic Performance, LSE.
- Criscuolo, Chiara & Martin, Ralf, 2005. "Multinationals and US productivity leadership: evidence from Great Britain," LSE Research Online Documents on Economics 19914, London School of Economics and Political Science, LSE Library.
- Gregory Corcos & Massimo Del Gatto & Giordano Mion & Gianmarco I.P. Ottaviano, 2012.
"Productivity and Firm Selection: Quantifying the ‘New’ Gains from Trade,"
Economic Journal, Royal Economic Society, vol. 122(561), pages 754-798, June.
- Gregory Corcos & Massimo Del Gatto & Giordano Mion & Gianmarco I.P. Ottaviano, 2009. "Productivity and Firm Selection: Quantifying the "New" Gains from Trade," KITeS Working Papers 002, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Mar 2009.
- Corcos, Gregory & Del Gatto, Massimo & Mion, Giordano & Ottaviano, Gianmarco I. P., 2011. "Productivity and firm selection: quantifying the ‘new’ gains from trade," LSE Research Online Documents on Economics 42684, London School of Economics and Political Science, LSE Library.
- Gianmarco I.P. Ottaviano & Gregory Corcos & Massimo Del Gatto & Giordano Mion, 2009. "Productivity and Firm Selection: Quantifying the “New” Gains from Trade," Working Papers 2009.115, Fondazione Eni Enrico Mattei.
- Gregory Corocs & Massimo Del Gatto & Giordano Mion & G.I.P. Ottaviano, 2009. "Productivity and Firm Selection: Quantifying the "New" Gains from Trade," SERC Discussion Papers 0028, Centre for Economic Performance, LSE.
- Gregory, Corocs & Del Gatto, Massimo & Mion, Giordano & Ottaviano, Gianmarco I P., 2009. "Productivity and firm selection: quantifying the "new" gains from trade," LSE Research Online Documents on Economics 33249, London School of Economics and Political Science, LSE Library.
- Michał Gradzewicz, 2022.
"How do firms respond to demand and supply shocks?,"
KAE Working Papers
2022-075, Warsaw School of Economics, Collegium of Economic Analysis.
- Michał Gradzewicz, 2022. "How do firms respond to demand and supply shocks?," NBP Working Papers 344, Narodowy Bank Polski.
- Hassan, Rashid M. & D'Silva, Brian & Hallam, A., 1989. "Normative Supply Response Analysis under Production Uncertainty: Irrigated Multicrop Farming Sector of Sudan," 1989 Occasional Paper Series No. 5 197677, International Association of Agricultural Economists.
- Kohler, Wilhelm & Smolka, Marcel, 2014.
"Global sourcing and firm selection,"
Economics Letters, Elsevier, vol. 124(3), pages 411-415.
- Kohler, Wilhelm & Smolka, Marcel, 2013. "Global sourcing and firm selection," University of Tübingen Working Papers in Business and Economics 63, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics.
More about this item
Keywords
Aggregation. Productivity. Cobb-Douglas. Log-normal distribution. Random coefficients. Panel data.;JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ECM-2003-06-09 (Econometrics)
- NEP-EFF-2003-07-29 (Efficiency and Productivity)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ssb:dispap:342. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: L Maasø (email available below). General contact details of provider: https://edirc.repec.org/data/ssbgvno.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.