Van Beveren, Ilke (contributor) - 2007
. If firms
have some knowledge about their productivity level ωit prior to their exit,
this will generate correlation …, 2007).
If the firm has prior knowledge of ωit at the time input decisions are made,
endogeneity arises since input …
product, which will eliminate the bias introduced by endogenous product
choice. Alternatively, if the researcher has knowledge …