Chavas, Jean-Paul; Kim, Kwansoo - Agricultural and Applied Economics Association - AAEA - 2013
This paper investigates the nonparametric analysis of technology under non-convexity. The analysis extends two …; and Free Disposal Hull (FDH) models. We argue that, while the FDH model allows for non-convexity, its representation of … non-convexity is too extreme. We propose a new nonparametric model that relies on a neighborhood-based technology …