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1. Overview of Neoclassical Production Economics- Editors -- 2. Duality in Production Diewert (agreed) -- 3. Multiproduct Technologies Fare--agreed -- 4. Elasticities of Substitution Russell--agreed -- 5. Conceptualization and Measurement of Technical Change and Productivity Growth Hulten or...
Persistent link: https://www.econbiz.de/10013210138
This paper provides a statistical test to assess the adequacy of static equilibrium models. The test is based on a restricted cost function framework together with the envelope conditions which characterize static equilibrium for the quasi-fixed factors. We also show how restricted cost function...
Persistent link: https://www.econbiz.de/10012477838
Overview of Neoclassical Production Economics- Editors -- 2. Duality in Production Diewert (agreed) -- 3. Multiproduct Technologies Fare--agreed -- 4. Elasticities of Substitution Russell--agreed -- 5. Conceptualization and Measurement of Technical Change and Productivity Growth Hulten or...
Persistent link: https://www.econbiz.de/10012399269
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This study derives the relationship between environmental production functions and environmental directional distance functions. These two approaches make different assumptions when modeling the joint production of good and bad outputs. The environmental production function credits a producer...
Persistent link: https://www.econbiz.de/10014073275
Foreword -- Praise for the Book -- About the Translators -- Translators' Commentary -- 1 Foundations -- 2 Costs in Single Production -- 3 Costs in Joint Production -- 4 The Movement of Costs and the Structure of the Market Economy -- Appendix.
Persistent link: https://www.econbiz.de/10014425569