Journal ArticleDOI
Flexible Cost Functions for Multiproduct Firms
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This article is published in The Review of Economics and Statistics.The article was published on 1980-08-01. It has received 389 citations till now.read more
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Book ChapterDOI
The Econometric Approach to Efficiency Analysis
TL;DR: The Econometrics of Panel DataSpringer Handbook of Science and Technology IndicatorsPanel Data and Econometric Methods for Productivity Measurement and Efficiency Analysis as discussed by the authors, and a Practitioner's Guide to Stochastic Frontier Analysis Using StataBenchmarking for Performance EvaluationEssays on Microeconomics and Industrial OrganisationHealth System EfficiencyInternational Journal of Production EconomicsEconometric Analysis of Model Selection and Model TestingInternational Applications of Productivity and Efficiency analysisAdvanced Robust and Nonparametric Methods in Efficiency Analysis
Posted Content
Productivity growth, scale economies, and capacity utilization in US railroads, 1955-74.
Journal ArticleDOI
The Relative Efficiency of Public and Private Firms in a Competitive Environment: The Case of Canadian Railroads
TL;DR: In this article, the authors compare the postwar productivity performance of the Canadian National and Canadian Pacific railroads and conclude that any tendency toward inefficiency resulting from public ownership has been overcome by the benefits of competition.
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Market structure and multiproduct industries
E.E. Bailey,A.F. Friedlaender +1 more
TL;DR: In this article, the authors present a theory of the firm that can be used to evaluate the efficiency of market structures in industries dominated by a few firms operating in a diverse range of markets.
Journal ArticleDOI
Scale and scope economies in the multi-product banking firm
TL;DR: In this paper, the authors examined the multi-product nature of the banking firm using the translog cost function, and found that the cost function is characterized by economies of scope, contrary to conventional wisdom, natural monopoly, scale economies and product-specific decreasing costs.
References
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Journal ArticleDOI
An Efficient Method of Estimating Seemingly Unrelated Regressions and Tests for Aggregation Bias
TL;DR: In this paper, a method of estimating the parameters of a set of regression equations is reported which involves application of Aitken's generalized least-squares to the whole system of equations.
Journal ArticleDOI
Transcendental logarithmic production frontiers
TL;DR: Ebsco as mentioned in this paper focuses on additive and homogeneous production possibility frontiers that have played an important role in formulating statistical tests of the theory of production and characterizes the class of production possibility frontier that are homogeneous and additive.
Journal ArticleDOI
An Application of the Shephard Duality Theorem: A Generalized Leontief Production Function
TL;DR: In this paper, the authors use the Shephard duality theorem to obtain a system of derived demand equations which are linear in the technological parameters, thus facilitating econometric estimation.
Journal ArticleDOI
Economies of scale in U. S. electric power generation
TL;DR: In this article, the authors estimate economies of scale for U.S. firms producing electric power and conclude that a small number of extremely large firms are not required for efficient production.