Estimation of profit functions when profit is not maximum

American Journal of Agricultural Economics

Volumn 83, Issue 1, 2001, Pages 1-19

  Kumbhakar, Subal C ^a  

^a UNIVERSITY OF TEXAS AT AUSTIN   (United States)

Author keywords

Allocative efficiency; Frontier; Inputs and output elasticities; Non maximum profit function; Profit efficiency; Returns to scale; Technical efficiency

Indexed keywords

EID: 0005533692     PISSN: 00029092     EISSN: None     Source Type: Journal    
DOI: 10.1111/0002-9092.00133     Document Type: Article

References (5)

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4. Tveterås, R. "Econometric Modelling of Production Technology Under Risk: The Case of Norwegian Salmon Aquaculture Industry." PhD thesis, Norwegian School of Economics and Business Administration, Bergen, Norway, 1998.
5. Yotopoulos, P.A., and L.J. Lau. "A Test for Relative Economic Efficiency: Some Further Results." Amer. Econ. Rev. 63(March 1973):214-23.