| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16027 |
| DP16027 Reexamining the De Loecker & Warzynski (2012) method for estimating markups | |
| Ulrich Doraszelski; Jordi Jaumandreu | |
| 发表日期 | 2021-04-11 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | De Loecker & Warzynski (2012) obtain the markup from the firm’s cost minimization problem by substituting in estimates of the output elasticity of a variable input and the disturbance that separates actual from planned output. We show, however, that consistently estimating the output elasticity and the disturbance using the procedure developed in Olley & Pakes (1996) and Levinsohn & Petrin (2003) generally requires observing and controlling for the markup. We analyze the resulting biases and discuss alternative approaches to estimation. |
| 主题 | Industrial Organization |
| URL | https://cepr.org/publications/dp16027 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545008 |
| 推荐引用方式 GB/T 7714 | Ulrich Doraszelski,Jordi Jaumandreu. DP16027 Reexamining the De Loecker & Warzynski (2012) method for estimating markups. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
