Commonly used methods of production function estimation assume that a firm’s output quantity can be observed as data … function, total factor productivity, price markups over marginal costs, output prices, output quantities, a demand system, and …

labor, and trend total-factor productivity (TFP). Initially, trend TFP revisions contribute most to the overall PO revisions …

We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of … Marginal Revenue): it is necessary and sufficient for the distributions of productivity and sales to have the same form …

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … output and total factor productivity, and its negative impact on the size of the underground economy. However, once output is … total ("corrected") factor productivity even becomes insignificant. Differences in corrected output must then be attributed …

maximum likelihood estimation of the parameters in the model, we use an expectation maximization algorithm based on the state …