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dc.contributor.authorChambers, Robert G.en
dc.contributor.authorFäre, Rolfen
dc.contributor.authorGrosskopf, Shawnaen
dc.date.accessioned2008-09-16-
dc.date.accessioned2009-07-28T08:32:01Z-
dc.date.available2009-07-28T08:32:01Z-
dc.date.issued2008-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x2404en
dc.subject.jelD24en
dc.subject.jelC63en
dc.subject.ddc330en
dc.subject.stwEinnahmenen
dc.subject.stwProduktionsfunktionen
dc.subject.stwPreisen
dc.subject.stwTechnologieen
dc.subject.stwAnalysisen
dc.subject.stwTheorieen
dc.titleGeneralized quadratic revenue functions-
dc.typeWorking Paperen
dc.identifier.ppn577849859en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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