This paper proposes a stochastic frontier panel data model which includes time-invariant unobserved heterogeneity along with the efficiency effects. Following Paul and Shankar (2018), the efficiency effects are specified by a standard normal cumulative distribution function of exogenous...

This paper proposes a stochastic frontier panel data model which includes time-invariant unobserved heterogeneity along with the efficiency effects. Following Paul and Shankar (2018), the efficiency effects are specified by a standard normal cumulative distribution function of exogenous...

This paper proposes a stochastic frontier model which includes time-invariant unobserved heterogeneity along with the efficiency effects. The efficiency effects are specified by a standard normal cumulative distribution function of exogenous variables which ensures the efficiency scores to lie...

This article examines the effects of public infrastructure on the productive performance of 12 two-digit Canadian manufacturing industries. A flexible cost function incorporating public capital infrastructure is estimated for each industry separately using annual time series data for 1961-1995....

A cost function framework is used to model the productivity effect of trade openness in terms of cost saving. The idea of ?cost saving? is closer to the entrepreneur?s view of productivity. An entrepreneur would expect a reduction in the cost of production if trade openness brings any benefits...

This paper provides an overview of the current debate on the effects of public infrastructure on productivity. The early aggregate studies based on restrictive functional forms of production functions provide controversial estimates of the impact of public infrastructure on economic growth and...

In a recent comment on my paper (Paul, 1992), Riese (1999) has tried to show that the value of my illfare index of unemployment based on the distribution of completed spells will be superior than that based on the distribution of interrupted spells. In this note, certain limitations of the...