propose a model-based bias-corrected estimation approach. Our simulation results indicate that bias strongly relates to the … substantial differences in measured tail-thickness due to small sample bias. As a consequence, high quantile estimation may lead …

because it should be looked upon as a simple tool which can be handled easily or as a crude remedy for estimation, but because …-function further increases its potentialities to handle different scales of production. Various econometric estimation problems, such … as serial correlation, hetroscidasticity and multicolinearity can be handled adequately and easily. It is argued that …

. Estimation and inference where performed through Markov Chain Monte Carlo simulation techniques. Main results show that treating …

extent to which the deterioration can be alleviated. Econometric estimation thus presents us with the quantity effects of …