Levinsohn and Petrin - Production Function Estimation
Posted: Mon Jul 13, 2015 7:00 pm
Hello, I would like to kindly consult if there is an add-in or built-in procedure in EViews for estimating a production function by the method of Levinsohn and Petrin (2003).
As you may know, Levinsohn and Petrin (2003), based on the work of Olley and Pakes (1996), developed a method that allows the usage of inputs to control for unobservables. An equivalent in Stata would be the command "levpet" developed by Petrin, Poi, and Levinsohn (2004).
I would be very thankful if you could please give me some insights about the possibility of executing this method with EViews.
As you may know, Levinsohn and Petrin (2003), based on the work of Olley and Pakes (1996), developed a method that allows the usage of inputs to control for unobservables. An equivalent in Stata would be the command "levpet" developed by Petrin, Poi, and Levinsohn (2004).
I would be very thankful if you could please give me some insights about the possibility of executing this method with EViews.