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In this paper we fit stochastic frontier production functions to data for Chinese farmsgrouped into each of four regions—North, Northeast, East, and Southwest—over 1995-1999.These frontier production functions are shown to have statistically different structures, and themarginal product...
Persistent link: https://www.econbiz.de/10009360855
This paper applies production theory to define a new set of inputs for U.S. households for thepost-war II period, tests the new inputs to see if they support a complete household-demandsystem, and reports a new social cost-of-living index. The data support a demand system withnine major input...
Persistent link: https://www.econbiz.de/10009360918