The Estimation of Production Functions with Monetary Values

• Main Authors: Felipe, Jesus, McCombie, John, Mehta, Aashish
• Format: text
• Published: Animo Repository 2024
• Subjects: Endogeneity; Monetary Values; Physical Quantities; Production Functions; Econometrics; Finance; Management Sciences and Quantitative Methods
• Online Access: https://animorepository.dlsu.edu.ph/res_aki/187; https://animorepository.dlsu.edu.ph/context/res_aki/article/1188/viewcontent/DLSU_AKI_Working_Paper_Series_2024_01_089__1_.pdf
• Institution: De La Salle University

For decades, the literature on the estimation of production functions has focused on the elimination of endogeneity biases through different estimation procedures to obtain the correct factor elasticities and other relevant parameters. Theoretical discussions of the problem correctly assume that pro...