This paper combines factor demand functions and price equations derived from a Generalized Leontief cost function with the traditional input - output price model. At the first level of aggregation Generalized Leontief cost functions for the factors intermediate input and labour are set up for...

This paper focuses on how changes in the economic and regulatory environment have affected production costs and product characteristics in the automobile industry. We estimate cost functions characteristics. Then we examine how this cost surface has changed over time and how these changes relate...