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Re: st: Profit efficiency
Dear Pavlos,
Thank you for your answer. You are right about the function. However,
my question was related not to the function, but to Stata. It seems
that one may use Stata to estimate profit, using the default
"technical efficiency estimates", i.e whitout indicate "cost" in the
command line.
Best Regards,
Raulin Lincifort CADET
Doctorant
Centre de Recherche en Economie et Management(CNRS UMR6211)
Université de Rennes 1
Bureau 298
7, Place Hoche - CS 86514
35065 RENNES Cedex
Tél et fax : 33 2 23 23 35 09
Port.: 33 6 89 35 02 31
Quoting "Pavlos C. Symeou" <[email protected]>:
Dear Raulin,
as far as I know, you can estimate Profit Efficiency using A Cost
Function Cobb-Douglas model. Because of the duality of the Cobb-Douglas
function estimating having Cost as your dependent variable is similar
to having Profits.
I hope this helps,
Pavlos
Raulin Lincifort Cadet wrote:
Hi Everybody,
I have to estimate profit efficiency. Please, would you tell me
if I may use Stata as if I was estimating technical efficiency in
order to get Profit Efficiency Estimates?
Best Regards,
Raulin
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* For searches and help try:
* http://www.stata.com/support/faqs/res/findit.html
* http://www.stata.com/support/statalist/faq
* http://www.ats.ucla.edu/stat/stata/