Cost Minimizing Behavior in U.S. Manufacturing
AbstractA stochastic frontier approach is used to examine efficiency of the U.S. manufacturing sector over the 1958 – 1996 time period. A National Bureau of Economic Research (NBER) panel data set was used to estimate a translog cost frontier. Both fixed effects and random effects models were estimated. The estimation results were surprisingly robust and show not only a great deal of inefficiency within the manufacturing sector but also a great deal of variation in efficiency within this sector.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Missouri Valley Economic Association in its journal The Journal of Economics.
Volume (Year): 29 (2003)
Issue (Month): 1 ()
Find related papers by JEL classification:
- L6 - Industrial Organization - - Industry Studies: Manufacturing
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ken Brown).
If references are entirely missing, you can add them using this form.