On the Choice of Functional Forms: Summary of a Monte Carlo Experiment

Robert Gagné () and Pierre Ouellette

Journal of Business & Economic Statistics, 1998, vol. 16, issue 1, 118-24

Abstract: The use of flexible functional forms is a standard practice in applied econometrics. Many flexible forms have been proposed. In this study, the authors investigate the behavior of three of them--the translog, the symmetric McFadden, and the symmetric generalized Barnett. Based on Monte Carlo experiments, they assess the ability of these forms to test theoretical properties and to measure technological characteristics.

Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (15)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bes:jnlbes:v:16:y:1998:i:1:p:118-24

Ordering information: This journal article can be ordered from
http://www.amstat.org/publications/index.html

Access Statistics for this article

Journal of Business & Economic Statistics is currently edited by Jonathan H. Wright and Keisuke Hirano

More articles in Journal of Business & Economic Statistics from American Statistical Association
Bibliographic data for series maintained by Christopher F. Baum ().