The Measurement and Decomposition of Cost-Inefficiency: The Translog Cost System.

C-Tier
Journal: Oxford Economic Papers
Year: 1991
Volume: 43
Issue: 4
Pages: 667-83

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

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

Abstract

Using a flexible translog cost function, this paper introduces an error specification to incorporate costs of technical and allocative inefficiencies. First, the maximum likelihood method is developed to obtain consistent parameter estimates of the cost function. These estimates are then used to measure costs of technical and allocative inefficiencies. The proposed methodology is illustrated using ten U.S. airlines observed over 1970-84. Copyright 1991 by Royal Economic Society.

Technical Details

RePEc Handle
repec:oup:oxecpp:v:43:y:1991:i:4:p:667-83
Journal Field
General
Author Count
1
Added to Database
2026-01-25