… 7 Following this line of specification, rather than assuming that the inefficiency parameter
is constant across all firms, ~'i is made a function of a K × 1 vector of firm-specific factors, R, in …

… If a time series is non-complex and completely predictable, K 2→0 . If the time series is
completely random, K 2→∞ . That is, the lower the value of K 2 , the more predictable the system. …

… The parameter k, is the Lagrange multiplier for the sth constraint, and PER + is a vector of
input … Since the cost function is linearly homogeneous in factor prices, one of the k, variables …

The relative efficiency of service provision by publicly versus privately owned enterprises has
been the subject of considerable theoretical debate and empirical investigation for at least …

Research in economics and finance documents a puzzling negative relationship between
stock returns and inflation rates in most economies. The present study investigates this …

This paper examines the problem of simultaneous‐equations bias in estimation of the water
demand function under an increasing block rate structure. The Hausman specification test is …

This paper examines the behavior of the US airline industry's service demand. Monthly
aggregate data for the industry are analyzed. While we find strong evidence of nonlinear …

… has an 2 distribution with (m 1)k degrees of freedom under the null of no structural change.
The break point is the end of 1991, m 2 (samples) and k is the number of model parameters …

… Kambiz Raffiee is in the Department of Economics, University of Nevada, Reno. The research
was conducted under funding from the US Geological Survey, Office of the Water Policy …

Research in economics and finance documents a puzzling negative relationship between
stock returns and inflation rates in markets of industrialized economies. The present study …