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- W3204668876 abstract "This paper studies the effects of different productivity on current and future period output under a nonseparable production function with multiple productivity. This model relaxes two widely used assumptions in production function literature: the parametric production function structure and one single productivity. This paper establishes a novel nonparametric identification of all the unspecified elements. Concerning estimation, this paper proposes easy-to-implement kernel estimators and shows they are consistent and asymptotically normal by the functional delta method. The model is then applied to study Spanish firms' behaviors. I find that change in current period capital productivity plays a more crucial role than change in current period Hicksian productivity on current period output. Their effects on next period output become smaller and similar. Moreover, I find such effects depend on the levels of productivity." @default.
- W3204668876 created "2021-10-11" @default.
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- W3204668876 date "2021-01-01" @default.
- W3204668876 modified "2023-09-23" @default.
- W3204668876 title "Non-neutral productivity dynamics in a nonseparable production function with multiple productivity" @default.
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- W3204668876 doi "https://doi.org/10.2139/ssrn.3905353" @default.
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