Nicoletta, Barabaschi; Salvatore, Parlato; Claudia, Peiti; … - In: Rivista italiana degli economisti (2014) 3, pp. 353-392
In this paper we clarify the differences between a procedure that uses an estimate of the standard cost and one that estimates an expenditure function. The former involves applying a structural form that requires an acceptable measurement of the outputs produced, while the latter opts for the...