Kumbhakar, Subal C; Bhattacharyya, Arunava - In: Empirical Economics 21 (1996) 4, pp. 557-73
This paper considers an econometric approach to measure total factor productivity (TFP) growth and technical change (TC) for 31 publicly owned passenger-bus companies in India during 1983-1987. A translog variable cost function is used to represent the production technology. Firm heterogeneity...