This paper presents a theoretical model in which the stock growth rate of durable goods has stochastic fluctuation over time. It concludes that a social planner increases the expected percentage rate of production since ...

This paper is concerned with the estimation of frontier production function to measure the technical efficiency for Iranian textile companies during 1995. The objective of this estimation is to investigate if there are any ...

This paper is concerned with the estimation of total factor productivity (TFP) growth for the Iranian electric utilities during the period 1980-1993 on the basis of panel data. A translog cost function is used which ...