translogRayEst: Estimate a Translog Ray Function

In micEconDist: Microeconomic Production Analysis with Distance Functions

Description

Estimate a translog ray function with two endogenous variables, e.g.\ a ray production function with two outputs.

Usage

translogRayEst( yNames, xNames, data, shifterNames = NULL, ... )

## S3 method for class 'translogRayEst'
print( x, ... )

Arguments

yNames	a vector of two character strings containing the names of the two dependent variables.
xNames	a vector of strings containing the names of the independent variables.
data	data frame containing the data (possibly a panel data frame created with plm.data).
shifterNames	a vector of strings containing the names of the independent variables that should be included as shifters only (not in quadratic or interaction terms).
x	an object of class translogRayEst.
...	further arguments of translogRayEst are passed to translogEst and possibly further to lm or plm; further arguments of print.translogEst are currently ignored.

Details

The actual estimation is done by translogEst.

Value

A list of class translogRayEst (and translogEst) that is very similar to the object returned by translogEst. It additionally includes following objects:

distance	the “distance” from the origin (zero) to the point of the dependent variables.
theta	the “direction” from the origin (zero) to the point of the dependent variables.

Author(s)

Arne Henningsen and Geraldine Henningsen

See Also

translogEst.

Examples

   data( germanFarms, package = "micEcon" )
   # quantity of crop outputs:
   germanFarms$qCrop <- germanFarms$vCrop / germanFarms$pOutput
   # quantity of animal outputs:
   germanFarms$qAnimal <- germanFarms$vAnimal / germanFarms$pOutput
   # quantity of variable inputs
   germanFarms$qVarInput <- germanFarms$vVarInput / germanFarms$pVarInput

   # estimate a translog ray production function
   estResult <- translogRayEst( yNames = c( "qCrop", "qAnimal" ),
      xNames = c( "qLabor", "land", "qVarInput" ),
      data = germanFarms )

   estResult

   summary( estResult )

micEconDist documentation built on May 2, 2019, 4:41 p.m.