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A Technique for Estimating a Cost System that Allows for Inefficiency

05.01.87

The presentation of a new econometric technique for estimating a system of cost and input share equations that allow for inefficiency.

Suggested citation: Bauer, Paul, 1987. “A Technique for Estimating a Cost System that Allows for Inefficiency,” Federal Reserve Bank of Cleveland, Working Paper no. 87-04.

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