The lack of individual firm information on output prices is a major problem in the econometrics of production. In particular, it may be expected to account for a significant share of the large ...

In this article we have adapted productivity analysis to the case of a cost model using a quadratic cost function and discrete data. The main theoretical result is a productivity index that can be ...

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets ...