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Nonparametric Estimation of Returns to Scale: Method and Application

✍ Scribed by Kevin J. Fox; R. Quentin Grafton


Book ID
111332155
Publisher
John Wiley and Sons
Year
2000
Tongue
English
Weight
107 KB
Volume
48
Category
Article
ISSN
0008-3976

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Nonparametric analysis of returns to sca
✍ Paul W. Wilson; Kathleen Carey πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 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