A Class of Separability Flexible Functional Forms

Quadratic flexible forms, such as the translog and generalized Leontief, are separability inflexible. That is, separability restrictions render them inflexible with regard to separable structures. A class functional forms is proposed that is flexible with regard to general production structures and...

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Main Authors: Paul J. Driscoll, Anya M. McGuirk
Format: Article
Language:English
Published: Western Agricultural Economics Association 1992-12-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/30947
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spelling doaj-6715f14842f14ba8bb2452afad2df10e2020-11-25T02:38:45ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82851992-12-0117226627610.22004/ag.econ.3094730947A Class of Separability Flexible Functional FormsPaul J. DriscollAnya M. McGuirkQuadratic flexible forms, such as the translog and generalized Leontief, are separability inflexible. That is, separability restrictions render them inflexible with regard to separable structures. A class functional forms is proposed that is flexible with regard to general production structures and remains flexible regarding weakly separable structures when separability restrictions are imposed, thus permitting tests of the separability hypothesis. Additionally, the restricted forms are parsimonious; that is they contain the minimum number of parameters with which flexibility can be achieved.https://ageconsearch.umn.edu/record/30947flexible functional formsseparabilityweak separability
collection DOAJ
language English
format Article
sources DOAJ
author Paul J. Driscoll
Anya M. McGuirk
spellingShingle Paul J. Driscoll
Anya M. McGuirk
A Class of Separability Flexible Functional Forms
Journal of Agricultural and Resource Economics
flexible functional forms
separability
weak separability
author_facet Paul J. Driscoll
Anya M. McGuirk
author_sort Paul J. Driscoll
title A Class of Separability Flexible Functional Forms
title_short A Class of Separability Flexible Functional Forms
title_full A Class of Separability Flexible Functional Forms
title_fullStr A Class of Separability Flexible Functional Forms
title_full_unstemmed A Class of Separability Flexible Functional Forms
title_sort class of separability flexible functional forms
publisher Western Agricultural Economics Association
series Journal of Agricultural and Resource Economics
issn 1068-5502
2327-8285
publishDate 1992-12-01
description Quadratic flexible forms, such as the translog and generalized Leontief, are separability inflexible. That is, separability restrictions render them inflexible with regard to separable structures. A class functional forms is proposed that is flexible with regard to general production structures and remains flexible regarding weakly separable structures when separability restrictions are imposed, thus permitting tests of the separability hypothesis. Additionally, the restricted forms are parsimonious; that is they contain the minimum number of parameters with which flexibility can be achieved.
topic flexible functional forms
separability
weak separability
url https://ageconsearch.umn.edu/record/30947
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