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st: RE: levpet for service sector firms

From   "Nick Cox" <>
To   <>
Subject   st: RE: levpet for service sector firms
Date   Tue, 27 Oct 2009 13:44:08 -0000

Just curious, as I only understand some of this and it's not my field:
why do different numbers require a different logic? 


Prabal De

  I am trying to estimate a production function for service sector
firms using <levpet>. However, the usual method for manufacturing
sector is giving very high TFPs as naturally the service sector firms
use less physical capital. Is there is variation of the levpet
procedure for service sector firms?

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