Estimation of technical change: Direct semi/nonparametric approaches

C-Tier
Journal: Economics Letters
Year: 2021
Volume: 199
Issue: C

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper introduces some novel approaches to formulate and estimate technical change (TC) nonparametrically in a variety of cases without estimating the underlying production technology that is usually specified by a production, cost or transformation function. The binding theme in all our formulations of TC is the use of the first-order conditions of profit maximization or cost minimization. The new TC measures are observation-specific due to their nonparametric nature.

Technical Details

RePEc Handle
repec:eee:ecolet:v:199:y:2021:i:c:s0165176521000112
Journal Field
General
Author Count
3
Added to Database
2026-01-25