Construct · 1 fields · 1 citations

Levinsohn-Petrin estimator: a standalone construct

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Industrial organization

production function estimator that proxies unobserved productivity with intermediate inputs instead of investment.

In industrial organization, Levinsohn-Petrin estimator refers to production function estimator that proxies unobserved productivity with intermediate inputs instead of investment. This meaning comes from Levinsohn (2003) in Review of Economic Studies.[1]

Unit
Recovery means
Measured by

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Nearby constructs

estimator2 fields · 2 citationsjingle · one word, two constructs function5 fields · 6 citationsjingle · one word, five constructs investment2 fields · 2 citationsjingle · one word, two constructs

References

Levinsohn, J., & Petrin, A. (2003). Estimating Production Functions Using Inputs to Control for Unobservables. Review of Economic Studies, 70(2), 317-341. https://doi.org/10.1111/1467-937x.00246

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