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The generalized linear production function (Diewart,1971) is an attractive alternative for this application: it admits zero values for inputs and allows the estimation of complex technical ...
Cost functions based upon state-contingent technologies are compared with cost functions based on a parametrized distribution representation of production uncertainty. The purpose of the American ...
The per worker production function attempts to model how much a single employee will produce based on either land available or capital invested. The Malthusian model bases it solely on land while ...