scholarly journals Imposing Curvature Conditions on Flexible Functional Forms for GNP Functions

2012 ◽  
Author(s):  
Guy Chapda Nana ◽  
Bruno Larue
Keyword(s):  
Flexible Functional Forms ◽  
Functional Forms

scholarly journals Constraints in models of production and cost via slack-based measures

2021 ◽  
Author(s):  
Caroline Khan ◽  
Mike G. Tsionas
Keyword(s):  
Power Generation ◽  
Stochastic Frontier ◽  
Inequality Constraints ◽  
Order Conditions ◽  
Flexible Functional Forms ◽  
Cost Share ◽  
First Order ◽  
Stochastic Frontier Models ◽  
Endogenous Variables ◽  
Functional Forms

AbstractIn this paper, we propose the use of stochastic frontier models to impose theoretical regularity constraints (like monotonicity and concavity) on flexible functional forms. These constraints take the form of inequalities involving the data and the parameters of the model. We address a major concern when statistically endogenous variables are present in these inequalities. We present results with and without endogeneity in the inequality constraints. In the system case (e.g., cost-share equations) or more generally, in production function-first-order conditions case, we detect an econometric problem which we solve successfully. We provide an empirical application to US electric power generation plants during 1986–1997, previously used by several authors.

Imposing Theoretical Regularity on Flexible Functional Forms

2014 ◽  
Vol 34 (1-2) ◽  
pp. 198-227 ◽  
Author(s):  
Apostolos Serletis ◽  
Guohua Feng
Keyword(s):  
Flexible Functional Forms ◽  
Functional Forms

scholarly journals Flexible Functional Forms and Global Curvature Conditions

Econometrica ◽  
1987 ◽  
Vol 55 (1) ◽  
pp. 43 ◽  
Author(s):  
W. E. Diewert ◽  
T. J. Wales
Keyword(s):  
Flexible Functional Forms ◽  
Functional Forms ◽  
Global Curvature

scholarly journals Imposing curvature restrictions on flexible functional forms

1984 ◽  
Vol 26 (3) ◽  
pp. 295-321 ◽  
Author(s):  
A.Ronald Gallant ◽  
Gene H. Golub
Keyword(s):  
Flexible Functional Forms ◽  
Functional Forms
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