Title of article :
Modeling allocative inefficiency in a translog cost function and cost share equations: An exact relationship
Author/Authors :
Kumbhakar، نويسنده , , Subal C.، نويسنده ,
Issue Information :
دوفصلنامه با شماره پیاپی سال 1997
Pages :
6
From page :
351
To page :
356
Abstract :
Previous studies using translog cost function used ad hoc specifications to model allocative inefficiency in the cost function and the cost share equations. This paper uses a translog cost function and establishes an exact relationship between allocative inefficiency in the cost share equations and in the cost function. Such an exact relationship was believed to be possible only for self dual production functions.
Keywords :
translog cost function , Technical and allocative inefficiency
Journal title :
Journal of Econometrics
Serial Year :
1997
Journal title :
Journal of Econometrics
Record number :
1556655
Link To Document :
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