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In typical implementations of multiple imputation for missing data, analysts create <italic>m</italic> completed datasets based on approximately independent draws of imputation model parameters. We use theoretical arguments and simulations to show that, provided <italic>m</italic> is large, the use of independent draws is not...
Persistent link: https://www.econbiz.de/10010970793
Persistent link: https://www.econbiz.de/10005238729
We build up from the plant level an aggregate(d) Solow residual by estimating every U.S. manufacturing plant's contribution to the change in aggregate final demand between 1976 and 1996. Our framework uses the Petrin and Levinsohn (2010) definition of aggregate productivity growth, which...
Persistent link: https://www.econbiz.de/10008642097