The Inconsistency of Common Scale Estimators When Output Prices Are Unobserved and Engogenous
收藏NBER1992-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4026
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资源简介：
This paper explores the inconsistency of common scale estimators when output is proxied by deflated sales, based on a common output deflator across firms. The problems arise when firms operate in an imperfectly competitive environment and prices differ between firms. In particular, we show that the
提供机构：
美国国家经济研究局
创建时间：
1992-03-01
