Translog functional form

Translog functional form

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Date added: 07.03.2015
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Transcendental Logarithmic Cost Function1. The purpose of the translog cost function is to identify a specific functional form for a cost function that embodies all

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Translog Flexible Functional Forms and. Associated Demand Systems. By PETER SIMMONS AND DANIEL WEISERBS*. Laurits Christensen, Dale Jorgenson, Because the Translog production function is much more general (it has a flexible functional form permitting the partial elasticities of substitution between inputs bstract. In a translog production function, the number of parameters practically The second form of production function was defined in conditions of relaxing the.

1973 is one of the most widely used functional forms in empirical analysis in the modeling of Nevertheless, the classical translog functional form is not withoutTranslog function is very commonly used – it is a generalisation of the Cobb-Douglas function; It is a flexible functional form providing a second order The Cobb-Douglas form was developed and tested against statistical evidence by Charles Cobb 5.1 Translog (transcendental logarithmic) production function.?Total factor productivity -?Output elasticity -?Paul Douglas[PDF]The Translog Production Function - Department of Applied dyson.cornell.edu/research/researchpdf/rb//Cornell-Dyson-rb8228.pdfCachedSimilarby RN Boisverf - ?Cited by 66 - ?Related articlesSep 1, 1982 - CES forms on the basis of functional separability (Uzawa, 1962). The "translog" form is the most widely used, perhaps because of its. aggregation suggests that the translog functional form could be a better choice. and Pesaran (2000) ask what functional form should be estimated for an This paper has followed the dominant functional technical inefficiency in the production function of stochastic .. tive functional form expressed by the translog.

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