| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 981588 | Procedia Economics and Finance | 2014 | 7 Pages |
Abstract
A problem in the empirical production analysis at the firm-level is that the values of capital are missing in the data. Most empirical studies impute initial capital according to some ad hoc criteria and then estimate the parameters of production function based on these imputed values. This paper proposes a generalized method to deal with the missing initial capital problem.
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Economics and Econometrics
