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Ridge estimation of restricted parameters in production techniques
Authors:S.P. Mukherjee  U. Dasgupta
Affiliation:1. Calcutta University , Calcutta, 700 019;2. St.Xaviers College , Calcutta
Abstract:The problem of determining ridge estimates of the regression parameters in a two-input production function model,constrained to be non-negative,has been formulated as an exercise in quadratic programming. Relevant Kuhn-Tucker conditions have been derived and a small simulation studv has been carried out.
Keywords:Ridge Estimation  Kuhn-Tucker Conditions  Non-negativity Restriction  Mean Square Error Stabilisation
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