help in translog cost function for the marginal cost

$10-30 USD

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over 5 years ago

$10-30 USD

Paid on delivery

I have a data for 13 banks and I want to calculate the lerner index formula for them and I need somebody to help me in calculating this formula especially where I have to calculate the marginal cost by the translog cost function. i have the data and the formula but I don't know how to do the regression to estimate the coefficient

Econometrics

Economics

Statistics

Project ID: 18524635

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@eliasmancebo

I will deliver to you: Help you to find and calculate a translog function on Stata Help you to understand the output

$17 USD in 2 days

5.0

(2 reviews)

3.5

6 freelancers are bidding on average $36 USD for this job

@Statxn

HELLO! As an: - Bachelor of Applied Mathematics - Engineer in Statistics and Applied Economics - Microsoft Office Technician (Microsoft Graduate: MOS Diploma), - I have skills in programming language R, Python, Minitab, SPSS I am able, available and ready to do this kind of work in the best conditions, ------------------------------------------------------------

$25 USD in 2 days

4.8

(79 reviews)

5.7

@usmanhassan123

Hello, Sir I am a professional and qualified freelancer with more then seven years of experience as a freelancer. Sir I have read your project description and I am 100% sure and confident about this project. Please come in inbox so that we can discuss the budget and deadline. Thanks.

$100 USD in 1 day

4.8

(34 reviews)

5.4

@PedroTayer

Hello Mr I am MSc Mechanical Engineer and have good experience working with statistics in Matlab. But, sincerely, I don't know much about lerner indexes. However, if you help me with the formulae we can make it. If you are interested, please send me a message. I am able to start working now. Thanks

$30 USD in 3 days

5.0

(1 review)

2.9

@irfanalimsmt188

the Lerner index is expressed in the following formula: Lerner index = P - MC/P where P represents the price of the good set by the firm and MC represents the firm’s marginal cost. Essentially, the index measures the percentage markup that a firm is able to charge over its marginal cost. The index ranges from a low value of 0 to a high of 1. The higher the value of the Lerner index, the more the firm is able to charge over its marginal cost, hence the greater its monopoly power. The Lerner index provides a concise measure of monopoly power. However, its use is largely restricted to theoretical studies because of the difficulty of accurately measuring costs in practice. Other measures, such as the Herfindahl-Hirschman index, are more commonly used to gauge monopoly power using real industry data.

$25 USD in 3 days