Measuring Input Substitution and Output Expansion Effects: A Nonparametric Approach with Application
AbstractA simple framework is developed for measuring input substitution and output expansion effects. These measures are nonparametric in the sense that specification and/or estimation of any parametric functions are not required. Monte Carlo experiments performed in the paper demonstrate the superiority of the proposed approach. An empirical application to Japanese manufacturing data yields results which satisfy a priori expectations.
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Bibliographic InfoArticle provided by Springer in its journal Empirical Economics.
Volume (Year): 21 (1996)
Issue (Month): 3 ()
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- Wan, Guanghua & Lu, Ming & Chen, Zhao, 2006.
"Globalization and Regional Income Inequality: Empirical evidence from within China,"
Working Paper Series
RP2006/139, World Institute for Development Economic Research (UNU-WIDER).
- Guanghua Wan & Ming Lu & Zhao Chen, 2007. "Globalization And Regional Income Inequality: Empirical Evidence From Within China," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 53(1), pages 35-59, 03.
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