Merits of Implementing Parametric and Nonparametric Methods Jointly
Asghedom Ghebremichael
Broschiertes Buch

Merits of Implementing Parametric and Nonparametric Methods Jointly

Empirical Measures of Technological Progress and Productivity Performance

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The major means of economic growth, industrial effectiveness and efficiency in production, are measured in terms of maximum possible real output from given amount of inputs. Technical and allocative efficiencies in the use of inputs results in cost efficiency. Ultimately, technical and allocative efficiencies result in profit maximization. To generate empirically credible results that have scientific and policy merits, I implemented parametric and nonparametric methods jointly. Indeed, the results were found to be empirically sound. First, the Canadian forest sector s economic profile; the rat...