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RE: st: translog cost function
Alberto,
You might want to visit TIm Coelli's website to get some tips although he
uses his own program rather than Stata. Stata can estimate both production
and cost functions - look up frontier (or xtfrontier for panel data) in the
STATA reference manual.
Further, look at work done by Sunil Kumbhakar as well.
Stata can only estimate for three types of error distribution-half normal,
truncated normal and exponential so I don't know what you are planning to
use.
Don't have the reference of Atkinson so can't see the equations per se, but
I would be most happy to have it as I too am toying with the idea of a cost
function !!
BTW what are you migrating from ?
Regards,
(Ms) Gauri
From: "Giovanni Vecchi" <[email protected]>
Reply-To: [email protected]
To: <[email protected]>
Subject: st: translog cost function
Date: Fri, 19 May 2006 10:34:13 +0200
I'm posting this on behalf of a colleague who's having problems to get the
message through.
Dear Stata users,
I am trying to estimate a translog cost function with shadow prices using
the approach of Atkinson and Halvorsen (1984). �Parametric efficiency
tests,
economies of scale and input demand in US electric power generation�.
International Economic Review, 25(3). My focus is on equations (10) to
(13).
I have a panel dataset (annual data, 20 firms, 13 years).
I am new to Stata (actually I'm still considering migrating to Stata) and
would appreciate any comments/references you may have to get me started.
Regards,
Alberto Iozzi
-------------------------------------
Prof. Alberto Iozzi
Universit� di Roma �Tor Vergata�
Facolt� di Economia
Dip. SEFEMEQ
Via Columbia 2
00133 Roma
Italia
Ph: +39 06 72595923 (voice)
+39 06 2040219 (fax)
Email: [email protected]
[email protected]
Webpage: http://www.economia.uniroma2.it/sefemeq/professori/iozzi/
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