Parman, Bryon; Featherstone, Allen; Amanor-Boadu, Vincent - Agricultural and Applied Economics Association - AAEA - 2014
“true” cost frontier and associated economic measures. The manuscript evaluates three parametric methods including a two …-sided error system, OLS with only positive errors, and the stochastic frontier method. The fourth method is the nonparametric DEA … estimating the “true” cost frontier and associated economic measures while maintaining curvature of the cost function. …