Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/229485 
Year of Publication: 
2020
Series/Report no.: 
CESifo Working Paper No. 8667
Publisher: 
Center for Economic Studies and Ifo Institute (CESifo), Munich
Abstract: 
Commonly used methods of production function estimation assume that a firm’s output quantity can be observed as data, but typical datasets contain only revenue, not output quantity. We examine the nonparametric identification of production function from revenue data when a firm faces a general nonparametric demand function under imperfect competition. Under standard assumptions, we provide the constructive nonparametric identification of various firm-level objects: gross production function, total factor productivity, price markups over marginal costs, output prices, output quantities, a demand system, and a representative consumer’s utility function.
Subjects: 
nonparametric identification
production function
markup
total factor productivity
revenue
JEL: 
C14
L11
L25
Document Type: 
Working Paper
Appears in Collections:

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.