Estimating economies of scale and scope with flexible technology

Economies of scope are typically modelled and estimated using a cost function that is common to all firms in an industry irrespective of their type, e.g. whether they specialize in a single output or produce multiple outputs. Instead, we estimate a flexible technology model that allows for type-spec...

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Bibliographic Details
Main Authors: Thomas Triebs, David Saal, Pablo Arocena, Subal C. Kumbhakar
Format: Default Article
Published: 2016
Subjects:
Other economics not elsewhere classified
Economies of scale and scope
Flexible technology
Electric utilities
Vertical integration
Translog cost function
Economics not elsewhere classified
Online Access:https://hdl.handle.net/2134/21949
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