Aminifard, Abbas; Azarbaijani, Karim; Tayebi, Seyed Komail - In: Iranian Economic Review 15 (2010) 1, pp. 101-116
Productivity is often computed by approximating the weighted sum of the inputs from the estimation of the Cobb-Douglas production function. Such estimates, however, may suffer from simultaneity and selection biases. Olley and Pakes (1996) introduced a semi-parametric method which allows us to...