This article presents a Monte Carlo evaluation of some alternative estimators for a demand model when the budget constraint is piecewise-linear and the budget set is convex. We examine the performance ...
Abstract: The problem of cross-subsidy in my country's electricity prices is particularly prominent and needs to be solved urgently in terms of fairness and economic efficiency. Reasonable tiered ...
1 Center for Informatics and Statistics, Ministry of Agriculture and Rural Development, Hanoi, Vietnam. 2 School of Economics, the University of Queensland, Brisbane, Australia. 3 School of Economics, ...
Total factor productivity (TFP) is considered as a good measure of productivity. However, empirical TFP, often calculated from ordinary least squares (OLS) residuals from production function estimates ...
Understanding the fundamental concepts of economics is vital for any business or individual aiming to make informed decisions in today’s ever-changing market. One of these key concepts is the quantity ...
This is a preview. Log in through your library . Abstract We present a novel semiparametric survival model with a log-linear median regression function. As a useful alternative to existing ...