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assumed in mainstream production theory and general equilibrium. On the other hand, in many empirical applications, the …
Persistent link: https://www.econbiz.de/10010328648
This paper proposes a general formulation of a nonparametric frontier model introducingexternal environmental factors that might influence the production process butare neither inputs nor outputs under the control of the producer. A representation isproposed in terms of a probabilistic model...
Persistent link: https://www.econbiz.de/10010328662