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Standard methods for estimating production functions in the Olley and Pakes (1996) tradition require assumptions on input choices. We introduce a new method that exploits (increasingly available) data on a firm's expectations of its future output and inputs that allows us to obtain consistent...
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This article aims to study the Solow-Pasinetti debate on the aggregate production function and technical progress as an event that anticipated a divide in the subsequent theories of economic growth and technical change. Ultimately, the debate manifests two completely different approaches, not...
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The article is the second in a series that will treat underlying conditions to generate a production function. The importance of production functions is fundamental to analyze and forecast the various indicators that highlights different aspects of the production process. How often forgets that...
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