Non-parametric estimation of technical progress

Authors
Fox, KJ
Citation
Kj. Fox, Non-parametric estimation of technical progress, J PROD ANAL, 10(3), 1998, pp. 235-250
Citations number
50
Categorie Soggetti
Economics
Journal title
JOURNAL OF PRODUCTIVITY ANALYSIS
ISSN journal
0895562X → ACNP
Volume
10
Issue
3
Year of publication
1998
Pages
235 - 250
Database
ISI
SICI code
0895-562X(199811)10:3<235:NEOTP>2.0.ZU;2-Y
Abstract
The modelling of technical progress in a production economy is a problem of great interest. Non-parametric approximation of technical progress through the use of an adaptively fitted spline function is presented as an attract ive solution. An application demonstrates the sensitivity of estimates of t echnical progress and price elasticities to the specification of the time t rend.