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distance functions (radial) and empirical application issues

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Oct 29, 2019
34:27

Input and output distance functions (or radial distance functions) are described and characterised. Empirical application issues are also discussed briefly, including why these functions need to be estimated as translog functions if the linear homogeneity property is going to be imposed globally.

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distance functions (radial) and empirical application issues | NatokHD