The Specification of Technology with Several Kinds of Output
The Specification of Technology with Several Kinds of Output
复制标题
多种输出技术规格
DOI:
10.1086/260086
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发表时间:
1973
影响因子:
8.2
通讯作者:
R. Hall
中科院分区:
文献类型:
--
作者:
R. Hall
Econometric models encounter difficulties in handling more than a single kind of output. The absence of data on the flows of intermediate goods makes it impossible to estimate separate production functions for more than one product. Within the unifying framework of the modern theory of cost functions, this paper considers two alternative specifications that can accommodate disaggregation on the output side without requiring data on intermediate goods. The economic implications of these specifications are discussed, and a general specification is proposed in which it is possible to test the two specifications.