Productivity measurement for international firms

<p>This paper extends recent work by Martin (2005) on estimation of total factor productivity by allowing heterogeneity of markets in terms of competitive pressure. We show that conventional methods of total factor productivity estimation yield biased measures of TFP when firms charge...

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Bibliographic Details
Main Authors: Črt Kostevc, Sašo Polanec, Anže Burger
Format: Article
Language:English
Published: University of Ljubljana 2011-12-01
Series:Economic and Business Review
Online Access:http://www.ebrjournal.net/ojs/index.php/ebr/article/view/94