Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/230587
Authors: 
Hartwick, John M.
Year of Publication: 
2020
Series/Report no.: 
Queen’s Economics Department Working Paper No. 1434
Abstract: 
We re-visit the proposition: utility-change for the translog utility function equals the corresponding Tornqvist quantity index. We observe that the "linear" terms in the translog function must be zero for the result to obtain. We also report on the role of the assumption of homogeneity for the utility function in allowing the result to obtain.
Subjects: 
translog function
Tornqvist index
JEL: 
O47
E01
Document Type: 
Working Paper

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