Triebs, Thomas; Kumbhakar, Subal C. - ifo Leibniz-Institut für Wirtschaftsforschung an der … - 2012
In this paper we account for observed management practice in the estimation of aproduction function. In our model management practice is observable and we allow it toaffect output directly (neutral shift) and indirectly by affecting input productivity. Thisformulation gives us a semiparametric...