We propose a flexible dynamic panel stochastic frontier model with a feasible estimation strategy. The model accommodates individual heterogeneity and allows for an ARMA (p, q) specification of the model's serial correlations. Distribution assumptions are also flexible. The dynamics are...

Klimawandelfolgenabschätzung in der Landwirtschaft; Ernte-Ertrags-Modells unter Klimawandel auf Unternehmensebene; Zustandsabhängiger Ansatz; Entscheidungsfindung unter Unsicherheit; Zustandsabhängige Produktionsanalyse; Dualität; Ermittlung von dem Risikoaversion-Koeffizienten

This study investigates the relationship between economic growth and democracy by estimating a nation's production function specified as static and dynamic models using panel data. In estimating the production function, it applies a single time trend, multiple time trends and the general index...

This paper lays out a replication plan for the influential paper by Klump et al. (Factor Substitution and Factor-augmenting Technical Progress in the United States: a Normalized Supply-side System Approach, Review of Economics and Statistics, 2007) on using a normalized CES supply-side system...