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Productivity Analysis of U.S. Manufacturing Using a Stochastic-Coefficients Production Function

โœ Scribed by Gorti V. L. Narasimham, P. A. V. B. Swamy and R. C. Reed


Book ID
124648989
Publisher
American Statistical Association
Year
1988
Tongue
English
Weight
358 KB
Volume
6
Category
Article
ISSN
0735-0015

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โœ Subhash C. Ray; Kathleen Segerson ๐Ÿ“‚ Article ๐Ÿ“… 1990 ๐Ÿ› Springer ๐ŸŒ English โš– 695 KB

This article proposes a method of estimating productivity growth using an estimated profit function. The approach has the advantage of incorporating endogenous changes in profit-maximizing output levels that would result from productivity changes. As with the cost function, it can be easily adapted