The Review of Economics and Statistics198769(3), 399
Three cost models of water delivery systems are replicated as alternative specifications of a general form. A dual cost function methodology is followed, usin g firm-specific data and ownership proxies, to trace the effects that numerous technical constraints and variable specifications have on t he relative efficiency of firms by ownership type. Results show that apparent overall efficiency differences reduce to insignificance as s pecification improves. This partly explains why past studies of overa ll efficiency of ownership forms have yielded mixed, and in some inst ances, unreliable results. The partial efficiency results point to fu ture public-private research methods. Copyright 1987 by MIT Press.
The Review of Economics and Statistics198365(4), 672open access
Automotive News, 1967 Almanac (Detroit: Slocum Publishing Co., 1967). Bucklin, Louis P., Competition and Evolution in the Distributive Trades (Englewood Cliffs, New Jersey: Prentice Hall, 1972). Federal Trade Commission, Annual Line of Business Report, 1974 (Washington: FTC, 1981a) processed. , Annual Line of Business Report, 1975 (Washington: FTC, 1981b) processed. Guth, Louis A., Robert A. Schwartz, and David K. Whitcomb, Use of Buyer Concentration Ratios in Tests of Oligopoly Models, this REVIEW 58 (Nov. 1976), 488-491. Jeifreys, James B., The Distribution of Consumer Goods (New York: Cambridge University Press, 1950). Lilly Digest (Indianapolis: Ely Lilly and Co., 1976). Martin, Stephen, Advertising, Concentration and Profitability: The Simultaneity Problem, BellJournal 10 (Autumn 1979), 639-647. National Petroleum News, Fact Book 1976 (New York: McGraw Hill, 1976). NCR, Expenses in Retail Business (Dayton, Ohio: NCR, undated but about 1966 and about 1976). Strickland, Allyn D., and Leonard W. Weiss, Advertising, Concentration, and Price-Cost Margins, Journal of Political Economy 84 (Oct. 1976), 1109-1123. U.S. Department of Commerce, Bureau of Economic Analysis, The Detailed Input-Output Structure of the U. S. Economy: 1972 Volume 1, The Use and Make of Commodities by Industries (Washington, D.C.: Government Printing Office, 1979). U.S. Treasury Department, Internal Revenue Service, Statistics of Income Source Book, 1972, processed. Ward, T. S., The Distribution of Consumer Goods. Structure and Performance (New York: Cambridge University Press, 1973). Weiss, Leonard W., Geographic Size of Markets in Manufacturing, this REVIEW 54 (Aug. 1972), 245-257. , Case Studies in American Industry (New York: John Wiley and Sons, 1980).