Production Function Estimation with Unobserved Input Price Dispersion
(2016)
Journal Article
Grieco, P., Li, S., & Zhang, H. (2016). Production Function Estimation with Unobserved Input Price Dispersion. International Economic Review, 57(2), 665-690. https://doi.org/10.1111/iere.12172
We propose a method to consistently estimate production functions in the presence of input price dispersion when intermediate input quantities are not observed. We find that the traditional approach to dealing with unobserved input quantities—using d... Read More about Production Function Estimation with Unobserved Input Price Dispersion.