Decompositions of profitability change using cost functions

DOI10.1016/J.JECONOM.2014.06.009MaRDI QIDQ472748zbMATH OpenOpenAlexFDO

Authors W. Erwin Diewert

Publication date 20 November 2014

Published in Journal of Econometrics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jeconom.2014.06.009

zbMATH Keywords

best practice cost functionscost efficiencycost functionsduality theoryFisher ideal indexesinput and productivitymargin growthmarginal cost pricesmeasurement of outputnonmarket sectorprofitabilityreturns to scaletechnical progresstotal factor productivity

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Statistical methods; economic indices and measures (91B82)

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Cites work

• Economies of Scale in Multi-Output Production
• Efficiency Estimation of Production Functions
• scientific article; zbMATH DE number 1169071 (Why is no real title available?)
• scientific article; zbMATH DE number 3405646 (Why is no real title available?)
• Malmquist and Törnqvist productivity indexes: Returns to scale and technical progress with imperfect competition
• Measuring the technical efficiency of production
• On the estimation of returns to scale, technical progress and monopolistic markups
• The Le Chatelier principle in data envelopment analysis
• The Nonparametric Approach to Production Analysis

Cited in

(8)

• On separability of the profit function
• Additive decomposition of profit efficiency
• Symmetric decompositions of cost variation
• Decomposition of output, productivity and market structure changes
• Structural Implications of a Class of Flexible Functional Forms for Profit Functions
• THE ET INTERVIEW: PROFESSOR W. ERWIN DIEWERT
• Exact relationships between Fisher indexes and theoretical indexes
• An analysis of the factors affecting change in an industry's profit: the example of the Taiwan cement industry

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