When:
Monday, November 9, 2020 4:00 PM
-
5:30 PM
Moynihan Institute of Global Affairs
Trade, Development and Political Economy presents
Estimating Production
Functions in Differentiated-Product Industries with Quantity Information and
External Instruments
The authors develop a
new method for estimating production-function parameters that can be applied in
differentiated-product industries with endogenous quality and variety choice.
They take advantage of data on physical quantities of outputs and inputs from
the Colombian manufacturing census, focusing on producers of rubber and plastic
products. Their estimates differ from those of existing methods and their
preferred productivity estimate performs relatively well in predicting future
export performance.
Authors: Nicolás de Roux, Marcela Eslava,
Santiago Franco and Eric Verhoogen
Eric Verhoogen
Columbia University
Eric Verhoogen is
Professor of Economics at Columbia University. His
main research area is industrial
development -- firms, innovation, productivity, trade,
industrial policy, labor markets in developing countries. His research has
been published in top Economics journals like the American Economic Review,
Quarterly Journal of Economics and the Review of Economic Studies. Professor
Verhoogen was the co-editor of the Journal of Development Economics from 2009
to 2013. He holds a PhD in Economics from the University of California –
Berkeley.
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For more information, please contact Devashish Mitra, dmitra@syr.edu or to request additional arrangements, please contact Morgan Bicknell, mebickne@syr.edu.