TY - JOUR
T1 - Nonparametric estimation of returns to scale
T2 - Method and application
AU - Fox, Kevin J.
AU - Grafton, R. Quentin
PY - 2000
Y1 - 2000
N2 - The paper describes a method of estimating variable returns to scale in production that adoptively fits spline functions, using model selection criteria, to determine the appropriate number and location of break points for a fixed factor of production. Unlike other approaches, the method obtains nonparametric estimates of variable returns to scale for small samples while ensuring global curvature and flexibility properties are maintained. An application of the method is presented using data from the British Columbia sableflsh fishery.
AB - The paper describes a method of estimating variable returns to scale in production that adoptively fits spline functions, using model selection criteria, to determine the appropriate number and location of break points for a fixed factor of production. Unlike other approaches, the method obtains nonparametric estimates of variable returns to scale for small samples while ensuring global curvature and flexibility properties are maintained. An application of the method is presented using data from the British Columbia sableflsh fishery.
UR - http://www.scopus.com/inward/record.url?scp=0034558328&partnerID=8YFLogxK
U2 - 10.1111/j.1744-7976.2000.tb00284.x
DO - 10.1111/j.1744-7976.2000.tb00284.x
M3 - Article
SN - 0008-3976
VL - 48
SP - 341
EP - 354
JO - Canadian Journal of Agricultural Economics
JF - Canadian Journal of Agricultural Economics
IS - 3
ER -