Search Results - subject:"Cost Function"

Does size matter? : economies of scale in the German mutual fund industry

Mauerer, Raimond; Schaefer, Alexander - 2009

management companies, we specify a hedonic translog cost function. Applying a fixed effects regression on a one-way error …. -- mutual fund complex ; investment management company ; cost efficiency ; economies of scale ; hedonic translog cost function …

Persistent link: https://www.econbiz.de/10003838450

A cost function for Australia's railways

Wills-Johnson, Nick - 2009

Persistent link: https://www.econbiz.de/10003868968

Econometric specification of input demand systems implied by cost function representations

McLaren, Keith Robert; Zhao, Xueyan - 2009

Input Demand Systems Implied by Cost Function Representations by Keith R. McLaren and Xueyan Zhao Department of … function, it is common to estimate either a system of share equations alone, or to supplement them by the cost function. By … essentially incomplete, whereas if the n-1 share equations are supplemented by the cost function the implied error structure is …

Persistent link: https://www.econbiz.de/10003852043

Estimating a cost function of German child care centers

Bönisch, Peter; Tagge, Sven - 2009

Persistent link: https://www.econbiz.de/10003904977

The structure of production in Greek agriculture : elasticities of substitution and derived factor price elasticities

Melfou, Katerina; Theocharopoulos, Athanasios; … - In: Spudai / University of Piraeus : journal of economics … 59 (2009) 3/4, pp. 32-48

Persistent link: https://www.econbiz.de/10010200268

Outsourcing of services, imported materials and the demand for heterogeneous labour : an application of a generalised Box-Cox function

Falk, Martin; Koebel, Bertrand M. - 2000

Box-Cox cost function nesting both the normalised quadratic and the translog functional form. We find that the impacts of …

Persistent link: https://www.econbiz.de/10011445002

On directional scale elasticities

Balk, Bert; Färe, Rolf; Karagiannis, Giannis - In: Journal of Productivity Analysis 43 (2015) 1, pp. 99-104

In this paper we generalize the concept of scale elasticity to accommodate changes in any direction in the input–output space and not only in the radial input and output directions as was done so far with the conventional scale elasticity measure. Our departure point is that we view the scale...

Persistent link: https://www.econbiz.de/10011154997

Productivity and efficiency estimation: A semiparametric stochastic cost frontier approach

Sun, Kai; Kumbhakar, Subal C.; Tveterås, Ragnar - In: European Journal of Operational Research 245 (2015) 1, pp. 194-202

This paper proposes a flexible stochastic cost frontier panel data model where the technology parameters are unknown smooth functions of firm- and time-effects, which non-neutrally shift the cost frontier. The model decomposes inefficiency into firm and time-specific components and productivity...

Persistent link: https://www.econbiz.de/10011264325

Input shadow prices and overall efficiency of vegetable farms in Uzbekistan

Karimov, Aziz A. - In: International Journal of Computational Economics and … 5 (2015) 2, pp. 164-182

between the directional input distance function (DIDF) and the cost function, the study reports allocative inefficiency scores …

Persistent link: https://www.econbiz.de/10011266473

Estimating the impact of wind generation and wind forecast errors on energy prices and costs in Ireland

Swinand, Gregory P.; O'Mahoney, Amy - In: Renewable Energy 75 (2015) C, pp. 468-473

This paper studies the impact of wind generation on system costs and prices in Ireland. The importance of wind power and potential impacts on system costs is of interest to power system planners and policy makers globally. However, the impact of wind generation on system costs has been only...

Persistent link: https://www.econbiz.de/10011116558