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Comments on "Some Estimates of Returns to Scale in the Telephone Industry"

โœ Scribed by Perdue, R. K.


Book ID
114670247
Publisher
Institute of Electrical and Electronics Engineers
Year
1979
Weight
904 KB
Volume
9
Category
Article
ISSN
0018-9472

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Nonparametric analysis of returns to sca
โœ Paul W. Wilson; Kathleen Carey ๐Ÿ“‚ Article ๐Ÿ“… 2004 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 410 KB

## Abstract This paper presents new estimates of scale economies for US hospitals. We show that the common translog specification of hospital costs is a misspecification, and employ nonparametric, local linear estimation with both continuous and discrete covariates. A bootstrap method is used to pr