Parametric Aggregation of Random Coefficient Cobb-Douglas Production Functions: Evidence from Manufacturing Industries
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- Biørn, Erik & Skjerpen, Terje & Wangen, Knut Reidar, 2004. "Can Random Coefficient Cobb-Douglas Production Functions Be Aggregated to Similar Macro Functions?," Memorandum 22/2004, Oslo University, Department of Economics.
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More about this item
Keywords
Aggregation. Productivity. Cobb-Douglas. Log-normal distribution. Random coefficients. Panel data.;JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ECM-2003-06-09 (Econometrics)
- NEP-EFF-2003-07-29 (Efficiency & Productivity)
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