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We consider the estimation of Cobb-Douglas production functions using panel data covering a large sample of companies …
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revolution has yet to fully propagate to the field of regional science. We examine the scope for application of the matching … the matching approach is very appealing due to its methodological rigor and didactical clarity, we faced difficulties in … structural characteristics. Thus, results have to be interpreted with some caution. The matching approach nevertheless can be of …
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. This process is then assumed to follow a matching of equals among equals. Using rich data from Germany and Denmark we fully … confirm a matching on qualification levels for high-skilled employees, partially for medium-skilled employees but not for low …
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We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic …
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