Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/94883
Authors: 
Mellander, Erik
Ysander, Bengt-Christer
Year of Publication: 
1989
Series/Report no.: 
IUI Working Paper 241
Abstract: 
A general method is described which allows a production activity to be analyzed by means of input data only. According to duality theory, the input cost shares can be completely specified without any information about output if the technology is homothetic. It is demonstrated that these cost shares can yield information about elasticities of substitution and factor demand and on productivity development. Moreover, the system of share equations can be generalized to allow for technical and allocative inefficiency and the effects of these inefficiencies on total costs and input demands can be estimated.
Subjects: 
Production measures
elasticity of substitution
inefficiency
estimation method
JEL: 
C81
D22
Document Type: 
Working Paper

Files in This Item:
File
Size
2.57 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.