Gagne, Robert; Ouellette, Pierre - In: Journal of Business & Economic Statistics 16 (1998) 1, pp. 118-24
The use of flexible functional forms is a standard practice in applied econometrics. Many flexible forms have been proposed. In this study, the authors investigate the behavior of three of them--the translog, the symmetric McFadden, and the symmetric generalized Barnett. Based on Monte Carlo...