Non-Parametric Estimation of Technical Progress

Kevin Fox

Journal of Productivity Analysis, 1998, vol. 10, issue 3, 235-250

Abstract: The modelling of technical progress in a production economy is a problem of great interest. Non-parametric approximation of technical progress through the use of an adaptively fitted spline function is presented as an attractive solution. An application demonstrates the sensitivity of estimates of technical progress and price elasticities to the specification of the time trend. Copyright Kluwer Academic Publishers 1998

Keywords: Technical progress; Non-parametric estimation; Model selection criteria (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (6)

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DOI: 10.1023/A:1018671204816

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