Aivazian, Sergei; Afanasiev, Mikhail; Rudenko, Victoria - In: Applied Econometrics 27 (2012) 3, pp. 36-69
As a contribution to further development of the stochastic frontier methodology the specification method for a 3-factor stochastic model of the production potential of a company is given. Along with labor input and physical capital input we consider intellectual capital as a basic production...