We add to the methods for conditioning out serially correlated unobserved shocks to the production technology. We build on ideas first developed in Olley and Pakes (1996). They show how to use ...

In the present paper, the authors have estimated the Cobb-Douglas and the C.E.S. production functions for twenty-seven major Indian manufacturing industries. The authors have evolved an alternative ...

Graph one or two isoquants for each production function (To check that you have the right answer remember: what is the relationship between the technical rate of substitution and the slope of the ...

Abstract: The knowledge production function is central to research and development–based growth models. This paper empirically investigates the knowledge production function and intertemporal ...