Productivity measurement is considered in the context of incomplete output information. Only a value measure of output is assumed to be available, which is typical for many service industries. Input markets are assumed to be competitive, while the output market is allowed to be noncompetitive,...

When schooling is measured with error and data on ability are lacking, return to schooling estimates will be subject to positive omitted variable bias (OVB) and negative measurement error bias (MEB). We investigate how these biases are affected when ability is proxied by family background...