Loading…

Estimating multioutput technologies

This paper solves the problem of determining fixed but allocatable input allocations by dual methods. A flexible, profit function approach for estimating input-nonjoint technologies with allocatable fixed factors is developed. Variable input allocations can be calculated from the estimated technolog...

Full description

Saved in:
Bibliographic Details
Published in:American journal of agricultural economics 1989-11, Vol.71 (4), p.980-995
Main Authors: Chambers, Robert G., Just, Richard E.
Format: Article
Language:English
Subjects:
Citations: Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper solves the problem of determining fixed but allocatable input allocations by dual methods. A flexible, profit function approach for estimating input-nonjoint technologies with allocatable fixed factors is developed. Variable input allocations can be calculated from the estimated technology. A correct test for input nonjointness that discriminates between true and apparent jointness is derived in a framework that permits fully linear estimation of a second-order flexible technology. To illustrate, these methods are applied to the Just-Zilberman-Hochman data set.
ISSN:0002-9092
1467-8276
DOI:10.2307/1242674