Arbeitspapier
On the Econometric Analysis of Production When There Are No Output Data
A general method is described which allows a production activity to be analyzed by means of input data only. According to duality theory, the input cost shares can be completely specified without any information about output if the technology is homothetic. It is demonstrated that these cost shares can yield information about elasticities of substitution and factor demand and on productivity development. Moreover, the system of share equations can be generalized to allow for technical and allocative inefficiency and the effects of these inefficiencies on total costs and input demands can be estimated.
- Language
-
Englisch
- Bibliographic citation
-
Series: IUI Working Paper ; No. 241
- Classification
-
Wirtschaft
Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
Firm Behavior: Empirical Analysis
- Subject
-
Production measures
elasticity of substitution
inefficiency
estimation method
- Event
-
Geistige Schöpfung
- (who)
-
Mellander, Erik
Ysander, Bengt-Christer
- Event
-
Veröffentlichung
- (who)
-
The Research Institute of Industrial Economics (IUI)
- (where)
-
Stockholm
- (when)
-
1989
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Mellander, Erik
- Ysander, Bengt-Christer
- The Research Institute of Industrial Economics (IUI)
Time of origin
- 1989
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