Essays on manufacturing productivity


SKU: 9798889952275
Author: Khanna, Rupika
Publication Date: 04/30/2023
Publisher: Self Publisher
Binding: Paperback
Media: Book
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This study makes several important contributions to the existing empirical literature in terms of both data and methodology. First, our measure of TFP is adjusted for heterogeneous quality of labour and different vintages of capital assets which helps us in improving the reliability of our elasticity estimates.4 Second, as discussed above, the estimated elasticity of infrastructure is quite sensitive towards the estimator applied, hence, we use a bootstrap panel cointegration test that helps us to control for both sectoral dependencies and serial correlation.