Mukerjee, Swati; Witte, Ann Dryden; Hollowell, Sheila - National Bureau of Economic Research (NBER) - 1990
This paper estimates cost functions for day care centers in Massachusetts. The production technology assumed is the generalized homothetic Cobb-Douglas production function. The cost function dual to this production function is estimated separately for profit-making (P1Os) and not-for-profit...