Henningsen and Henningsen 2011
I read this paper because I needed to estimate a Constant Elasticity of Substitution (CES) production function. Typically, when estimating Total Factor Productivity (TFP), …
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I read this paper because I needed to estimate a Constant Elasticity of Substitution (CES) production function. Typically, when estimating Total Factor Productivity (TFP), …
This is a long-overdue blog review of Amiti and Konings’ paper. This paper has been widely cited, and when it came out, the issue was really hot: how tariff reductions could help …