On the Choice of Functional Forms: Summary of a Monte Carlo Experiment
通过蒙特卡洛实验比较了三种灵活函数形式(超越对数、对称McFadden和对称广义Barnett)在检验理论性质和测量技术特征方面的表现,为应用计量研究者选择函数形式提供参考。
The use of flexible functional forms is a standard practice in applied econometrics. Many flexible forms have been proposed. In this study, we investigate the behavior of three of them—the translog, the symmetric McFadden, and the symmetric generalized Barnett. Based on Monte Carlo experiments, we assess the ability of these forms to test theoretical properties and to measure technological characteristics.