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Measurement of total factor productivity growth and biases in technological c...
This study investigates productivity growth in broad-acre agriculture in Western Australia. Tornqvist indices of three output groups (crops, sheep products and other) and five... -
Analysing inflation by the fractionally integrated ARFIMA-GARCH model (replic...
This paper considers the application of long-memory processes to describing inflation for ten countries. We implement a new procedure to obtain approximate maximum likelihood... -
Efficiency in the provision of university teaching and research: An empirical...
A flexible three-output, two-input cost function model is used to examine the cost efficiency of UK universities as producers of teaching and research outputs. Unlike previous... -
Nonnegativity constraints and intratemporal uncertainty in a multi-good life-...
In the standard multi-good life-cycle consumption model (with intertemporal additive utility) the intratemporal relations between the marginal utilities of the different goods...
