Huang, Tai-hsin; Wang, Mei-hui - In: Journal of Productivity Analysis 22 (2004) 1, pp. 123-142
The current paper constructs a Fourier flexible cost function, which is commonly known to be a more general function form than the typical translog form, and can globally approximate a true (but unknown) cost function. Both allocative and technical inefficiencies are considered using the Fourier...