Pricing Characteristics: An Application of Shephard’s Dual Lemma

Rolf Färe, Shawna Grosskopf, Robin Sickles and Chenjun Shang

Chapter 8 in Pricing Non-marketed Goods using Distance Functions, 2019, pp 63-86 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionThe Theoretical ModelData, Empirical Model and Price Index Construction of Housing UnitsEmpirical modelConstruction of the price indexRegression and ResultsGeneral specificationA further comparison with the methods of Diewert and Shimizu (2015)Specification with constant-returns-to-scale assumptionConclusions

Keywords: Shadow Prices; Distance Functions; Network Pricing; Duality Theory; Production Models (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789813277618_0008 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789813277618_0008 (text/html)
Ebook Access is available upon purchase.

Related works:
Working Paper: Pricing Characteristics: An Application of Shepard's Dual Lemma (2015)
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:wsi:wschap:9789813277618_0008

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().