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

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
Format: Working Paper
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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