Search Results - subject:"function"

Stochastic frontier estimation through parametric modelling of quantile regression coefficients

Fusco, Elisa; Benedetti, Roberto; Vidoli, Francesco - In: Empirical economics : a quarterly journal of the … 64 (2023) 2, pp. 869-896

Persistent link: https://www.econbiz.de/10014226326

Production function and farmers' risk aversion : a certainty equivalent-adjusted production function

Lien, Gudbrand; Kumbhakar, Subal; Mishra, Ashok K. - In: Journal of agricultural and applied economics : JAEE 55 (2023) 2, pp. 324-340

Persistent link: https://www.econbiz.de/10014419359

Testing the Impacts on Inefficiency in a Semiparametric Stochastic Frontier Model

Liao, Jen-Che; Song, Xiaojun; Wang, Hung-Jen - 2023

This paper is concerned with significance testing of the effects of exogenous determinants upon the one-sided deviation term of a semiparametric stochastic frontier model. Two nonparametric significance tests for all or a subset of the determinants of inefficiency are proposed. The proposed...

Persistent link: https://www.econbiz.de/10014351137

Econometric modeling of input-driven output risk through a versatile CES production function

Zeytoon-Nejad, Ali; Goodwin, Barry K. - In: Journal of risk and financial management : JRFM 16 (2023) 2, pp. 1-23

The conventional functional form of the Constant-Elasticity-of-Substitution (CES) production function is a general … production function nesting a number of other forms of production functions. Examples of such functions include Leontief, Cobb … increase the variability of output quantity by the conventional construction of this function. This paper proposes a …

Persistent link: https://www.econbiz.de/10014305969

A Formula for the Elasticity of Substitution of a Large Class of Smooth Utility Functions

Julien, Ludovic A. - 2023

We derive a general formula for the elasticity of substitution of a large class of smooth utility functions. This formula depends critically on two terms: the marginal rate of substitution and the elasticity of marginal utility, which may be interpreted according to the context either as the...

Persistent link: https://www.econbiz.de/10014356334

Exploring efficiency growth of advanced technology-generating sectors in the European Union : a stochastic frontier analysis

Dzemydaitė, Giedrė; Naruševičius, Laurynas - In: Journal of business economics and management 24 (2023) 6, pp. 976-995

This study investigates the efficiency growth of advanced technology-generating sectors within the European Union (EU). Using a stochastic frontier analysis of annual sector-level panel data from 2000 to 2019, we examine sectoral (NACE two-digit level) and territorial implications. Our findings...

Persistent link: https://www.econbiz.de/10014460584