Estimating the trans-log cost function with insufficient observations |
| |
Authors: | A. Buse M.A. Taher |
| |
Affiliation: | University of Alberta, Edmonton, Alb., Canada T6G 2H4;Bayero University, Kano, Nigeria |
| |
Abstract: | If the production technology is non-homothetic, efficient estimation of the trans-log approximation requires joint estimation of the cost and share equations. In this note we adopt the method of extraneous estimation to obtain a method of efficient joint estimation when there are insufficient observations on the cost equation. |
| |
Keywords: | |
本文献已被 ScienceDirect 等数据库收录! |
|