Ichimura, Hidehiko; Konishi, Yoko; Nishiyama, Yoshihiko - 2011
In estimating the production function of firms, problems of endogeneity and self selection exist as a result of firm-specific productivity shocks and entry/exit decisions. Several methods have been proposed to handle these problems, such as those by Olley and Pakes (1996) and Levinsohn and...