Estimation of Rationed and Unrationed Household Labour Supply Functions Using Flexible Functional Forms

1986 ◽  
Vol 96 (382) ◽  
pp. 398 ◽  
Author(s):  
Peter Kooreman ◽  
Arie Kapteyn

Author(s):  
Caroline Khan ◽  
Mike G. Tsionas

AbstractIn this paper, we propose the use of stochastic frontier models to impose theoretical regularity constraints (like monotonicity and concavity) on flexible functional forms. These constraints take the form of inequalities involving the data and the parameters of the model. We address a major concern when statistically endogenous variables are present in these inequalities. We present results with and without endogeneity in the inequality constraints. In the system case (e.g., cost-share equations) or more generally, in production function-first-order conditions case, we detect an econometric problem which we solve successfully. We provide an empirical application to US electric power generation plants during 1986–1997, previously used by several authors.



Labour ◽  
2018 ◽  
Vol 32 (4) ◽  
pp. 174-212
Author(s):  
Lina Cardona-Sosa ◽  
Luz Adriana Flórez ◽  
Leonardo Fabio Morales ◽  


Economica ◽  
1979 ◽  
Vol 46 (182) ◽  
pp. 197
Author(s):  
A. Zabalza


Author(s):  
Caroline Joll ◽  
Chris Mckenna ◽  
Robert Mcnabb ◽  
John Shorey


2014 ◽  
Vol 34 (1-2) ◽  
pp. 198-227 ◽  
Author(s):  
Apostolos Serletis ◽  
Guohua Feng


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