Construct · 1 fields · 1 citations

Olley-Pakes estimator: a standalone construct

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Industrial organization

production function estimator that uses investment as a proxy for unobserved productivity to correct simultaneity and selection bias.

In industrial organization, Olley-Pakes estimator refers to production function estimator that uses investment as a proxy for unobserved productivity to correct simultaneity and selection bias. This meaning comes from Olley (1996) in Econometrica.[1]

Unit
Recovery means
Measured by

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Nearby constructs

bias6 fields · 8 citationsjingle · one name, six constructs estimator2 fields · 2 citationsjingle · one word, two constructs function5 fields · 6 citationsjingle · one word, five constructs

References

Olley, G. S., & Pakes, A. (1996). The Dynamics of Productivity in the Telecommunications Equipment Industry. Econometrica, 64(6), 1263. https://doi.org/10.2307/2171831

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