In this paper we review two different approaches followed in the empirical literature to test for the existence of public capital spillovers. Additionally, we explore the role played by an additive aggregator of public capital in neighboring regions versus the multiplicative aggregator used...

This paper provides a concise review of a broad set of concepts, models and estimation issues in the field of stochastic frontier analysis. The goal is to provide practitioners with a quick guide to some key ideas. The review is restricted to single-output models estimated by econometric...

En el presente trabajo se calcula el valor de la cuota para in grupo de productores lecherose en Asturias, Para ello se estima una funcion de costes variables usando datos de panel de 71 explotaciones lechuras en el periodo 1993-1998. Una caracteristica improtante del modelo empleado es que...

This paper estimates a multivariate Tobit system of monthly wholesale dairy prices where four prices are lower censored by the dairy price support programme. Using Maximum Simulated Likelihood (MSL) the effects of simulation noise are tested/corrected for and the relevance of estimating...