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dc.contributor.authorKvamsdal, Sturla Furunes
dc.date.accessioned2016-03-01T09:59:34Z
dc.date.available2016-03-01T09:59:34Z
dc.date.issued2015-07
dc.identifier.issn1503-2140
dc.identifier.urihttp://hdl.handle.net/11250/2381031
dc.description.abstractThe Baltagi-Griffin general index of technical change for panel data has earlier been applied to aggregated data via the use of period dummy variables. Period dummies force modeling into estimation of the latent level of technology through choice of dummy structure. Period dummies also do not exploit the full information set because the order of observations within periods is ignored. To resolve these problems, I suggest estimating the empirical equation for all possible structures of the dummy variables. The average over the different estimates provides an index of technical change. I demonstrate the method with both simulated and real data.nb_NO
dc.language.isoengnb_NO
dc.publisherSNFnb_NO
dc.relation.ispartofseriesWorking paper;2015:6
dc.titleIndexing of technical change in aggregated datanb_NO
dc.typeWorking papernb_NO


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