Estimating Production Functions Using Inputs to Control for Unobservables
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We introduce a new method for conditioning out serially correlated unobserved shocks to the production technology by building ideas first developed in Olley and Pakes (1996). Olley and Pakes show how to use investment to control for correlation between input levels and the unobserved firm-specific
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美国国家经济研究局创建时间：
2000-08-01
