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Identification Properties for Estimating the Impact of Regulation on Markups and Productivity

This paper addresses several shortcomings in the productivity and markup estimation literature. Using Monte-Carlo simulations, the analysis shows that the methods in Ackerberg, Caves and Frazer (2015) and De Loecker and Warzynski (2012) produce bia...

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Bibliographic Details
Main Authors: Sampi, James, Jooste, Charl, Vostroknutova, Ekaterina
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
PRODUCTIVITY
MARKUPS
REGULATION
PRODUCTION FUNCTION
MARKOV PROCESS
QUASI-MAXIMUM LIKELIHOOD
COMPETITION POLICY
Online Access:http://documents.worldbank.org/curated/en/560821611247482947/Identification-Properties-for-Estimating-the-Impact-of-Regulation-on-Markups-and-Productivity
http://hdl.handle.net/10986/35070

Internet

http://documents.worldbank.org/curated/en/560821611247482947/Identification-Properties-for-Estimating-the-Impact-of-Regulation-on-Markups-and-Productivity
http://hdl.handle.net/10986/35070

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