Imposing local concavity in the translog and generalized Leontief cost functions

DOI10.1016/S0165-1765(99)00280-3zbMATH Open0953.91021OpenAlexW2013227202MaRDI QIDQ1978763FDOQ1978763

Authors: D. L. Ryan, Terence J. Wales 

Publication date: 4 June 2000

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1765(99)00280-3

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zbMATH Keywords

cost functionslocal concavitynegative semidefinite

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38)

Cites Work

• Flexible Functional Forms and Global Curvature Conditions
• Title not available (Why is that?)

Cited In (9)

• Imposing theoretical regularity on flexible functional forms
• A Bayesian approach to imposing curvature on distance functions
• Cost functions are nonconvex in the outputs when the technology is nonconvex: convexification is not harmless
• Shape constraints in economics and operations research
• Productivity trends in U.S. manufacturing: evidence from the NQ and AIM cost functions
• Imposing regularity conditions to measure banks' productivity changes in Taiwan using a stochastic approach
• Flexible Functional Forms and Global Curvature Conditions
• A globally concave, monotone and flexible cost function: derivation and application
• A NOTE ON IMPOSING LOCAL CURVATURE IN GENERALIZED LEONTIEF MODELS

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