Blar i Statistics Norway's Open Research Repository (SNORRe) på emneord "EL classification: C23"
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Errors in Variables and Panel Data: The Labour Demand Response to Permanent changes in Output
(Discussion papers;125, Working paper, 1994-08)This paper examines panel data modelling with latent variables in analyzing log-linear relations between inputs and output of firms. Our particular focus is on (i) the "increasing returns to scale puzzle" for labour input ... -
The Inconsistency of Common Scales Estimators when Output Prices are Unobserved and Endogenous
(Discussion papers;127, Working paper, 1994-10)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 ...