On functional form representation of multi-output production technologies

作者: Rolf Färe , Carlos Martins-Filho , Michael Vardanyan

DOI: 10.1007/S11123-009-0164-4

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摘要: The introduction of directional distance functions has given researchers an alternative to Shephard functions. In this paper we conduct a Monte Carlo study investigate the performance as approximation for models technology. Our results indicate that quadratic representations technology have better properties than translog parameterizations.

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