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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Western Agricultural Economics Association
1992-12-01
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Online Access: | https://ageconsearch.umn.edu/record/30947 |
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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 |
work_keys_str_mv |
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1724789896731688960 |