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On the Consistency of Maximum Likelihood Estimation of Monotone and Concave Production Frontiers

โœ Scribed by Bharat Sarath; Ajay Maindiratta


Book ID
110253787
Publisher
Springer
Year
1997
Tongue
English
Weight
84 KB
Volume
8
Category
Article
ISSN
0895-562X

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In this paper we bring together the previously separate parametric and nonparametric approaches to production frontier estimation by developing composed error models for maximum likelihood estimation from nonparametrically specified classes of frontiers. This approach avoids the untestable restricti