Nonparametric dynamic production analysis and the theory of cost

• Tipo: Artigo em Revista Científica Internacional
• Data: 2003

Autores

Elvira Silva (Autor) FEP; Spiro E. Stefanou (Autor) Outra

Revista

Título: Journal of Productivity Analysis

Vol. 19

Páginas: 5-32

ISSN: 0895-562X

Editora: Springer Nature

Indexação

ISI Web of Knowledge - 80 Citações

Scopus - 86 Citações

Classificação Científica

FOS: Ciências sociais

CORDIS: Ciências Sociais

Outras Informações

ID Authenticus: P-000-K1S

DOI: 10.1023/a:1021865018717

Abstract (EN): While the dynamic theory of production provides little insight towards identifying a specific functional form for the firm's technology, dynamic production analysis has been explored traditionally in a parametric framework. A nonparametric dynamic dual cost approach to production analysis is developed in this article. Recovering technological information from intertemporal cost minimizing behavior is possible without imposing a parametric functional form on the firm's technology. Nonparametric tests to analyze the structure of a dynamic technology are presented from a dynamic cost minimizing perspective. The empirical implementation of these tests is illustrated for a balanced panel data set of Pennsylvania dairy operators during the time period 1986-1992.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 28