Park, Seung-Rok; Kwon, Jene K - In: The Review of Economics and Statistics 77 (1995) 2, pp. 332-51
Total factor productivities for 28 Korean manufacturing sectors were estimated jointly with markups, scale economies, and the capacity utilization rate using the short-run generalized Leontief cost function. Concavity conditions necessary for the cost function to be well-behaved and consistent...