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dc.contributor.authorChambers, Robert G.en_US
dc.contributor.authorFäre, Rolfen_US
dc.contributor.authorGrosskopf, Shawnaen_US
dc.date.accessioned2008-09-16en_US
dc.date.accessioned2009-07-28T08:32:01Z-
dc.date.available2009-07-28T08:32:01Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/26449-
dc.description.abstractIn this paper we focus on specification of revenue functions in their dual price space. We consider two distance functions, both dual to the revenue function: Shephard output distance function and the directional output distance function, both in price space. The former is multiplicative, satisfying homogeneity, the latter is additive satisfying transitivity. Functional equation methods yield translog specification for the Shephard case and quadratic for the directional case. Monte Carlo evidence suggests that the quadratic specification more precisely represents technology.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 2404en_US
dc.subject.jelD24en_US
dc.subject.jelC63en_US
dc.subject.ddc330en_US
dc.subject.stwEinnahmenen_US
dc.subject.stwProduktionsfunktionen_US
dc.subject.stwPreisen_US
dc.subject.stwTechnologieen_US
dc.subject.stwAnalysisen_US
dc.subject.stwTheorieen_US
dc.titleGeneralized quadratic revenue functionsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn577849859en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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