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Persistent link: https://www.econbiz.de/10003550525
An econometric methodology is developed for nonparametric estimation of concave production technologies. The methodology, based on the principle of maximum likelihood, uses entropic distance and convex programming techniques to estimate production functions. Empirical applications are presented...
Persistent link: https://www.econbiz.de/10005247806
Persistent link: https://www.econbiz.de/10007741441
An econometric methodology is developed for nonparametric estimation of concave production technologies. The methodology, based on the principle of maximum likelihood, uses entropic distance and convex programming techniques to estimate production functions. Empirical applications are presented...
Persistent link: https://www.econbiz.de/10014057669