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Social and Behavioral Sciences Commons™
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Articles 1 - 3 of 3
Full-Text Articles in Social and Behavioral Sciences
Fossil Fuel Opportunities For West Virginia: 2017 Update, Eric Bowen, Christiadi
Fossil Fuel Opportunities For West Virginia: 2017 Update, Eric Bowen, Christiadi
Bureau of Business & Economic Research
No abstract provided.
The Economic Impact Of Proposed New Facilities At Stonewall Resort, Eric Bowen, Christiadi, John Deskins
The Economic Impact Of Proposed New Facilities At Stonewall Resort, Eric Bowen, Christiadi, John Deskins
Bureau of Business & Economic Research
No abstract provided.
Does Economic Freedom Affect The Production Frontier? A Semiparametric Approach With Panel Data, Fan Zhang, Joshua C. Hall, Feng Yao
Does Economic Freedom Affect The Production Frontier? A Semiparametric Approach With Panel Data, Fan Zhang, Joshua C. Hall, Feng Yao
Economics Faculty Working Papers Series
This paper applies a multi-step semiparametric stochastic production frontier estimator proposed by Yao et al. (2017) to investigate the effects of economic freedom on the production frontier and technical efficiency. We allow output elasticities and technical efficiency to depend on the economic freedom variable, estimate a smooth coefficient stochastic production frontier, and compare with parametric alternatives, the Cobb-Douglas and translog estimates. Our results add to the literature on economic freedom and growth in three ways. First, our results highlight the flexibility of semiparametric approaches as we find the commonly used parametric approaches to be too restrictive in estimating the marginal …