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作者：RUHM, CJ
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作者：STANLEY, LR; TSCHIRHART, J
作者单位：University of Wyoming
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作者：PESARAN, MH
作者单位：University of Cambridge
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作者：CANOVA, F
作者单位：University of Rochester
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作者：EVANS, WN; VISCUSI, WK
作者单位：Duke University
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作者：SMITH, VK; PALMQUIST, RB; JAKUS, P
作者单位：University of Tennessee System; University of Tennessee Knoxville
摘要：This paper extends the Brown-Mendelsohn hedonic travel cost (HTC) model by estimating the travel cost function for each recreationist as a technically efficient frontier. It also constrains the marginal prices for desirable characteristics to be non-negative. The model is used to value improvements in the quality of sport fishing in the Albemarle-Pamlico Estuary in North Carolina. The application compares the performance of the frontier HTC with ordinary least squares estimates and finds the f...
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作者：COOPERMAN, ES; LEE, WB; LESAGE, JP
作者单位：University System of Georgia; University of Georgia; University System of Ohio; University of Toledo
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作者：KIM, Y
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作者：HAUSMAN, WJ; NEUFELD, JL
作者单位：University of North Carolina; University of North Carolina Greensboro
摘要：For over a century American economists have been engaged in a vigorous theoretical and empirical debate over the economic performance of publicly-owned versus privately-owned electric utilities. We review the historical debate and use micro data collected by the U.S. Commissioner of Labor in 1897/98 to construct efficiency measures based on a non-parametric frontier production function. Since this is prior to state rate-of-return regulation, regulatory effects do not confound the analysis. We ...
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作者：MARQUEZ, J
