Alba, Michael M.; Briones, Roehlano M. - In: Philippine Review of Economics 46 (2009) 2, pp. 63-89
We propose a theoretically consistent method for calibrating input (and output) price elasticities (of agricultural … linearly homogeneous, and (c) given an n x n (symmetric) matrix of elasticities, which has n(n+1)/2 distinct cells, the values … of n(n-1)/2 of the distinct cells must be known to solve the n unknown elasticities. Exploiting Shephard’s Lemma and …