Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w9712 |
来源ID | Working Paper 9712 |
A Structural Empirical Model of Firm Growth, Learning, and Survival | |
Jaap H. Abbring; Jeffrey R. Campbell | |
发表日期 | 2003-05-19 |
出版年 | 2003 |
语种 | 英语 |
摘要 | We present a structural model of firm growth, learning, and survival and consider its identification and estimation. In the model, entrepreneurs have private and possibly error-ridden observations of persistent and transitory shocks to profit. We demonstrate that the model's parameters can be recovered from public observations of sales and survival, and we estimate them using monthly data from new bars in Texas. We find that entrepreneurs observe profit's persistent component without error. In this sense, their information is substantially superior to the public's. |
主题 | Econometrics ; Estimation Methods |
URL | https://www.nber.org/papers/w9712 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/567336 |
推荐引用方式 GB/T 7714 | Jaap H. Abbring,Jeffrey R. Campbell. A Structural Empirical Model of Firm Growth, Learning, and Survival. 2003. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w9712.pdf(401KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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。