Generalized Stochastic Production Functions: Specification and Estimation

10.29973/JCSA.201009.0003

Moawia Alghalith

production risk ； technical inefficiency ； uncertainty

中國統計學報

48卷3期（2010 / 09 / 01）

227 - 232

英文

We adopt a completely general specification of technical inefficiency and production risk as an alternative to the standard specification. In so doing, we show that the standard specification is needlessly restrictive and that our form is econometrically convenient. In addition, our general form simplifies the analysis in the sense that it does not require the specification and estimation of (separate) risk functions.

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