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This paper undertakes the simultaneous estimation of import elasticities of substitution (trade elasticities) within European Union (EU) regions, differentiating between imports from regions belonging to the same country (national or interregional trade) and regions belonging to other EU...
Persistent link: https://www.econbiz.de/10012315562
In this paper, we introduce an unsupervised machine learning method for production frontier estimation. This new approach satisfies fundamental properties of microeconomics, such as convexity and free disposability (shape constraints). The new method generalizes Data Envelopment Analysis (DEA)...
Persistent link: https://www.econbiz.de/10014448520