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The purpose of this paper is to measure the extent of technical inefficiency among a sample of Illinois grain farms using the corrected ordinary least squares method. Instead of assuming a Cobb-Douglas production function, a linear form of the ray-homothetic is used. The results show a...
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This study investigates daily stock market anomalies in the Egyptian stock market using its major stock index, the Capital Market Authority Index (CMA), to shed some light on the degree of market efficiency in an emerging capital market with a four-day trading week. The results indicate that...
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In this paper, two approaches (labor efficiency and separate factors approach) and two production functions ( a ray-homothetic function and the Cobb-Douglas function), are used to estimate the productivity of female versus male farm laborers in the traditional agricultural economy of Nepal. The...
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