Skip to Main Navigation

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

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 biased estimates of the impact of policy variables on markups and productivity. This bias stems from endogeneity due to the following: (1) the functional form of the production function; (2) the omission of...
See More

DOWNLOADS

COMPLETE REPORT

Official version of document (may contain signatures, etc)


Citation

Sampi Bravo,James Robert Ezequiel; Jooste,Charl; Vostroknutova,Ekaterina.

Identification Properties for Estimating the Impact of Regulation on Markups and Productivity (English). Policy Research working paper|no. WPS 9523 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/560821611247482947

This document is being processed or is not available.