Saha, Atanu; Havenner, Arthur; Talpaz, Hovav - In: Applied Economics 29 (1997) 4, pp. 459-469
Just-Pope production functions have been traditionally estimated by feasible generalized least squares (FGLS). This paper investigates the small-sample properties of FGLS and maximum likelihood (ML) estimators in heteroscedastic error models. Monte Carlo experiment results show that in small...