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This article examines the empirical performance of alternative frontier estimators' ability to replicate a known … restricting errors to be above the cost frontier, the stochastic frontier method, and data envelopment analysis (DEA). The data … two output firms. The DEA estimator was most robust in estimating the "true" cost frontier and associated economic …
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This paper's study of Connecticut's education costs can serve as the foundation of an equitable and adequate state education aid formula. To the best of the author's knowledge, it is the first cost function study of Connecticut public K–12 education. The author uses a regression model to...
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