Show simple item record

dc.contributor.authorHyytinen, Ari
dc.contributor.authorIlmakunnas, Pekka
dc.contributor.authorMaliranta, Mika
dc.date.accessioned2017-01-10T11:42:17Z
dc.date.available2017-01-10T11:42:17Z
dc.date.issued2016
dc.identifier.citationHyytinen, A., Ilmakunnas, P., & Maliranta, M. (2016). Olley–Pakes productivity decomposition: computation and inference. <i>Journal of the Royal Statistical Society Series A: Statistics in Society</i>, <i>179</i>(3), 749-761. <a href="https://doi.org/10.1111/rssa.12135" target="_blank">https://doi.org/10.1111/rssa.12135</a>
dc.identifier.otherCONVID_25427094
dc.identifier.otherTUTKAID_68514
dc.identifier.urihttps://jyx.jyu.fi/handle/123456789/52670
dc.description.abstractWe show how a moment-based estimation procedure can be used to compute point estimates and standard errors for the two components of the widely used Olley–Pakes decomposition of aggregate (weighted average) productivity. When applied to business level microdata, the procedure allows for autocovariance and heteroscedasticity robust inference and hypothesis testing about, for example, the coevolution of the productivity components in different groups of firms. We provide an application to Finnish firm level data and find that formal statistical inference casts doubt on the conclusions that one might draw on the basis of a visual inspection of the components of the decomposition.
dc.language.isoeng
dc.publisherWiley-Blackwell Publishing Ltd.; Royal Statistical Society
dc.relation.ispartofseriesJournal of the Royal Statistical Society Series A: Statistics in Society
dc.subject.othergeneralized method of moments
dc.subject.otherweighted average
dc.titleOlley–Pakes productivity decomposition: computation and inference
dc.typearticle
dc.identifier.urnURN:NBN:fi:jyu-201701101111
dc.contributor.laitosKauppakorkeakoulufi
dc.contributor.laitosSchool of Business and Economicsen
dc.contributor.oppiaineBasic or discovery scholarshipfi
dc.contributor.oppiaineTaloustiedefi
dc.contributor.oppiaineBasic or discovery scholarshipen
dc.contributor.oppiaineEconomicsen
dc.type.urihttp://purl.org/eprint/type/JournalArticle
dc.date.updated2017-01-10T10:15:08Z
dc.type.coarjournal article
dc.description.reviewstatuspeerReviewed
dc.format.pagerange749-761
dc.relation.issn0964-1998
dc.relation.numberinseries3
dc.relation.volume179
dc.type.versionacceptedVersion
dc.rights.copyright© 2015 Royal Statistical Society. This is a final draft version of an article whose final and definitive form has been published by Wiley. Published in this repository with the kind permission of the publisher.
dc.rights.accesslevelopenAccessfi
dc.subject.ysopäättely
dc.subject.ysotuottavuus
jyx.subject.urihttp://www.yso.fi/onto/yso/p5902
jyx.subject.urihttp://www.yso.fi/onto/yso/p4259
dc.relation.doi10.1111/rssa.12135


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record