Pitfalls in the estimation of a cost function that ignores allocative inefficiency: A Monte Carlo analysis

Journal of Econometrics

Volumn 134, Issue 2, 2006, Pages 317-340

  Kumbhakar, Subal C ^a   Wang, Hung Jen ^b  

^a BINGHAMTON UNIVERSITY   (United States)

^b INSTITUTE OF ECONOMICS   (Taiwan)

Author keywords

Allocative inefficiency; Stochastic frontier; Technical inefficiency

Indexed keywords

COST BENEFIT ANALYSIS; EFFICIENCY; MONTE CARLO METHODS; PARAMETER ESTIMATION; STOCHASTIC CONTROL SYSTEMS;

ALLOCATIVE INEFFICIENCY; INPUT PRICE ELASTICITIES; STOCHASTIC FRONTIER; TECHNICAL INEFFICIENCY;

COST ACCOUNTING;

EID: 33747880760     PISSN: 03044076     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jeconom.2005.06.025     Document Type: Article

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