A note on testing for complementarity and substitutability in the case of multiple practices |
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| Authors: | Martin Carree Boris Lokshin René Belderbos |
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| Affiliation: | (1) Department of Organization and Strategy, School of Business and Economics, Maastricht University, PO Box 616, 6200 MD Maastricht, The Netherlands;(2) Katholieke Universiteit Leuven, Leuven, Belgium |
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| Abstract: | Recent empirical studies of firm-level performance have tested complementarity in the case of multiple practices. These papers have drawn conclusions using potentially biased estimates of pair-wise interaction effects. We develop a consistent and simple testing framework and test it against alternatives. |
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