This paper examines the Multi-Product Asymptotically Ideal Production Model as an alternative to the translog and normalized quadratic functional forms using farm level data. Factors such as ease of estimation, imposition of regularity conditions, and quantitative differences in empirical...

Replaced with revised version of paper 06/26/06.

The logistic regression models has been widely used in the social and natural sciences and results from studies using this model can have significant impact. Thus, confidence in the reliability of inferences drawn from these models is essential. The robustness of such inferences is dependent on...

Flexible functional forms are used to examine the characteristics of production technologies. The Fourier functional form is capable of approximating any function globally, with the specified expansion. Unfortunately the exact form of the expansion is not known. The regularity conditions are...

Using Kansas Farm data from 1973 to 1998, curvature restrictions are imposed on a translog cost function. Using uninformative priors with indicator functions representing distribution and inequality constraints, a Markov Chain Monte Carlo Simulation method is used to estimate parameters and...

This research examines selected empirical properties of duality relationships. Monte Carlo experiments indicate that Hessian matrices estimated from the normalised unrestricted profit, restricted profit and production functions yield conflicting results in the presence of measurement error and...

Coffee production in Puerto Rico is labor intensive since harvest is done by hand for quality and topography conditions. Färe's nonparametric approach was used to estimate technical, allocative, scale and overall efficiency measures for coffee farms in Puerto Rico during the 2000 to 2004...

This study examines the impacts of empirical definition of zero output values on price elasticities, economy of scope, and scale using the Translog cost function. A system of cost and factor share equations with regularity conditions imposed is estimated. Results show that the choice of default...