May 18 – Nonparametric statistical inference under shape constraints Workshop – Production Function Estimation Using Shape Constrained Estimators


Production functions are economic models to characterize the relationship between resources consumed and output produced for production processes. Economic theories of production rarely provides guidance for a particular functional form; however, many economic theories provide shape restrictions on the production function. The specific shape restrictions vary across production processes. This talk will provide an overview of the most common shape restrictions and motivation for their use.

Posted in Seminars.