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Which diagnostic tests are suitable for Measuring Total Factor Productivity (TFP)?

Economics Asked by cdcarrion on December 9, 2020

I did the TFP estimation with Levinsohn Petrin (in R) but I have doubts about the diagnostic tests e.g. I know that the estimation of autocorrelation in residuals has to be done (it would be very helpful if the library to be used can be stata or R) I also read if there are constant returns to scale.

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