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A technique for estimating a cost system that allows for inefficiency

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  • Paul W. Bauer

Abstract

The presentation of a new econometric technique for estimating a system of cost and input share equations that allow for inefficiency.

Suggested Citation

  • Paul W. Bauer, 1987. "A technique for estimating a cost system that allows for inefficiency," Working Papers (Old Series) 8704, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:fedcwp:8704
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    Citations

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    Cited by:

    1. Asafu-Adjaye, J. & Mahadevan, R., 2003. "How cost efficient are Australia's mining industries?," Energy Economics, Elsevier, vol. 25(4), pages 315-329, July.
    2. Paul W. Bauer & Allen N. Berger & David B. Humphrey, 1991. "Inefficiency and productivity growth in banking: a comparison of stochastic econometric and thick frontier methods," Working Papers (Old Series) 9117, Federal Reserve Bank of Cleveland.
    3. Geys, Benny & Heinemann, Friedrich & Kalb, Alexander, 2007. "Local Governments in the Wake of Demographic Change: Efficiency and Economies of Scale in German Municipalities," ZEW Discussion Papers 07-036, ZEW - Leibniz Centre for European Economic Research.
    4. Paul W. Bauer, 1993. "Efficiency and technical progress in check processing," Economic Review, Federal Reserve Bank of Cleveland, vol. 29(Q III), pages 24-38.
    5. Geys, Benny & Moesen, Wim, 2008. "Measuring local government technical (in)efficiency: An application and comparison of FDH, DEA and econometric approaches," Discussion Papers, Research Unit: Market Processes and Governance SP II 2008-21, WZB Berlin Social Science Center.

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    Keywords

    Econometrics; Production (Economic theory);

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