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Statistical Cost Analysis Revisited

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  • James M. Griffin

Abstract

I. Introduction, 107.—II. Pseudo-data generation from a process model, 109.—III. A comparison of time series and pseudo data, 112.—IV. The translog cost function, 114.—V. Statistical cost function estimation, 116.—VI. Substitution and price elasticities: Tests for an energy aggregate, 119.—VII. Applications for long-range analysis, 122.—VIII. Summary, 126.

Suggested Citation

  • James M. Griffin, 1979. "Statistical Cost Analysis Revisited," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(1), pages 107-129.
    • Handle: RePEc:oup:qjecon:v:93:y:1979:i:1:p:107-129.
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    File URL: http://hdl.handle.net/10.2307/1882601
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    Cited by:

    1. Kristiaan Kerstens & Ignace Van de Woestyne, 2021. "Cost functions are nonconvex in the outputs when the technology is nonconvex: convexification is not harmless," Annals of Operations Research, Springer, vol. 305(1), pages 81-106, October.
    2. Jaccard, Mark & Bataille, Chris, 2000. "Estimating future elasticities of substitution for the rebound debate," Energy Policy, Elsevier, vol. 28(6-7), pages 451-455, June.
    3. Olivier Massol, 2011. "A Cost Function for the Natural Gas Transmission Industry: Further Considerations," The Engineering Economist, Taylor & Francis Journals, vol. 56(2), pages 95-122.
    4. Jagu Schippers, Emma & Massol, Olivier, 2022. "Unlocking CO2 infrastructure deployment: The impact of carbon removal accounting," Energy Policy, Elsevier, vol. 171(C).
    5. Emma Jagu & Olivier Massol, 2022. "Unlocking CO2 Infrastructure Deployment: The Impact of Carbon Removal Accounting," Working Papers hal-03898138, HAL.
    6. Martijn Brons & Peter Nijkamp & Eric Pels & Piet Rietveld, 2006. "A Meta-analysis of the Price Elasticity of Gasoline Demand. A System of Equations Approach," Tinbergen Institute Discussion Papers 06-106/3, Tinbergen Institute.
    7. G. Thomas Sav, 1987. "Tax Incentives for Innovative Energy Sources: Extensions of E-K Complementarity," Public Finance Review, , vol. 15(4), pages 417-427, October.
    8. repec:cty:dpaper:11/03 is not listed on IDEAS
    9. Robert A. Mcguire & Robert Ohsfeldt, 1986. "Public versus Private Water Delivery: A Critical Analysis of a Hedonic Cost Approach," Public Finance Review, , vol. 14(3), pages 339-350, July.

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