We show that the monotonicity condition is conceptually important in Stochastic Frontier Analysis (SFA). Despite its importance, most empirical studies do not impose monotonicity—probably because ...

Author Name TOKUNAGA Suminori (University of Tsukuba) / KAGEYAMA Masahiro (Joyo Bank) / AKUNE Yuko (Reitaku University) / NAKAMURA Ryohei (Faculty Fellow, RIETI) For Japan's assembly-type ...

This is a preview. Log in through your library . Abstract From a panel of fifty airports over a 13-year period, this research estimates a translog model of airport short-run operating costs. Output is ...

This paper examines how the use of information technology affects firm-level markups in Japanese manufacturing, using data from the Basic Survey of Japanese Business Structure and Activities over the ...