Production Function Estimation without Invertibility: Imperfectly Competitive Environments and Demand Shocks
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https://www.nber.org/papers/w33939
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资源简介：
We advance the proxy variable approach to production function estimation. We show that the invertibility assumption at its heart is testable. We characterize what goes wrong if invertibility fails and what can still be done. We show that rethinking how the estimation procedure is implemented either
提供机构：
美国国家经济研究局
创建时间：
2025-06-01
