Description:

This seminar provides comprehensive training in estimating Total Factor Productivity (TFP) at the firm level, focusing on empirical methods and real-world application using software tools. Participants will explore advanced techniques such as non-parametric, parametric, and semi-parametric methods, addressing challenges in production function estimation, and gain skills applicable to economic research and policy analysis.

Start: Tuesday, 28 January 2025 @ 04:00

End: Wednesday, 29 January 2025 @ 10:00

Timezone: Sydney

Learning Objectives:

Topics Covered
Measurement Issues , Productivity and Macroeconomic Performance , Productivity Trajectories in Advanced Economies , Looking at Definitions and Measurement Issues , Productivity and Economic Fundamentals , The Production Function Framework , Definition of TFP , Measurement Challenges , Production Function Specifications , Cobb Douglass vs Translog Production Function , Olley-Pakes Algorithm , Levinsohn-Petrin Method , Ackerberg-Caves-Frazer Approach , The new era of Firm Level Productivity Algorithms , Coding semi-parametric techniques in stata , Endogenous Productivity Spillovers , Measuring Learning by Exporting Gains , Productivity and Gender Differentials , Applications with the EFIGE Data set , Measuring TFP in Manufacturing in Europe , The UK productivity puzzle , Policy Discussion for Productivity Enhancement , Insights about the current big Topics in Productivity Research , OLS Estimator , Mitigating Endogeneity and Simultaneity Bias , GMM estimators , System GMM Estimator , Empirical Applications , Endogeneity Bias , Inputs selection and unobserved productivity shocks , Superlative Index Numbers , Törnqvist-Theil index , Non-Parametric Assumptions , Coding Non-parametric TFP Measures in Stata , Limitations of Non-parametric Approaches

Eligibility:
  • Open to all

Organiser: Ioannis Bournakis, SKEMA Business School

Contact: info@instats.org

Host institution: Instats

Cost Basis: Free to all

Estimating Firm-Level Production Functions with Ioannis Bournakis, SKEMA Business School https://dresa.org.au/events/estimating-firm-level-production-functions-with-ioannis-bournakis-skema-business-school This seminar provides comprehensive training in estimating Total Factor Productivity (TFP) at the firm level, focusing on empirical methods and real-world application using software tools. Participants will explore advanced techniques such as non-parametric, parametric, and semi-parametric methods, addressing challenges in production function estimation, and gain skills applicable to economic research and policy analysis. 2025-01-28 04:00:00 UTC 2025-01-29 10:00:00 UTC Ioannis Bournakis, SKEMA Business School Instats info@instats.org [] [] [] open_to_all []