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| Author: | Mairesse, J. Jaumandreu, J. |
| Title: | Panel-data estimates of the production function and the revenue function: what difference does it make? |
| Journal: | Scandinavian Journal of Economics
2005 : VOL. 107:4, p. 651-672 |
| Index terms: | production functions revenue panel data capacity utilization |
| Language: | eng |
| Abstract: | The lack of individual data of firms' output price indices is a problem in the econometrics of production. This study takes advantage of two panel data samples which include such information. It is found that estimating the revenue function or the production function proper makes very little difference for the results and the biases due to other sources of specification errors are probably more important. |
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