The effect of the normalisation of the shadow price vector on the cost function estimation

Economics Letters

Volumn 77, Issue 3, 2002, Pages 381-385

  Maietta, Ornella Wanda ^a  

^a UNIVERSITY OF NAPLES FEDERICO II   (Italy)

Author keywords

Cost function estimation; Normalization; Shadow price

Indexed keywords

EID: 0036830041     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(02)00152-0     Document Type: Article

References (5)

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3. Kumbhakar, S.C., 1996. Efficiency measurement with multiple outputs and multiple inputs. The Journal of Productivity Analysis 7, 225-255.
4. Kumbhakar, S.C., 1997. Modeling allocative inefficiency in a translog cost function and cost share equations: an exact relationship. Journal of Econometrics 76, 351-356.
5. Kumbhakar, S.C., Lovell, C.A.K., 2000. Stochastic Frontier Analysis. Cambridge University Press, Cambridge.