Statistical Cost Analysis.

Recent Developments of Statistical Approaches in Aspects of Accounting: a Review

“…Of course, investigations in any field start with simple assumptions. However, no real firm can be represented by just one activity class or equivalently by single assets because results based on one-tentacle octopi (Johnston, 1960) have only limited explanatory power. This is also the reason why we put off the many results on the distributional properties of earnings from simulation reported in Hillier (1998) for comparison with more sophisticated simulations to a future point in time.…”

Minimum Efficient Scale as a Determinant of Concentration: A Reappraisal*

“…Three techniques have been used in the literaturc for estimating MEP from a comparison of the eficiency of plants of different sizes, namely, the engineering, survivor and statistical techniques. A detailed discussion of their comparative merits and limitations may be found elsewhere in the literature (e.g., Smith, 1951 ;Johnston, 1960; Walters, 1963; Shepherd, 1967 ;Bain, 1969). The engineering estimates of MEP are generally considered the best, but they are available only for a very small samplc of industries.…”

Returns to Scale and Income Distribution in Urban Areas in Saskatchewan*

“…Dhrymes 191 has shown that estimates for the cost-share system are unbiased and independent of the omitted equation. The hierarchy level estimations also serve to control for the regression fallacy (Johnston [15]). 13 The value added in each urban area is measured by the total factor payments in a community.14 This is obtained from the Saskatchewan Government's copy of the 1971 income tax tapes.…”