Econometrica Vol. 52 No. 3 1984
The Nonparametric Approach to Production Analysis
Abstract
[This paper shows how to test firm demand and supply data for consistency with profit maximization and cost minimization models; test for special restrictions on technology such as constant returns to scale, homotheticity, and separability; recover estimates of the underlying technology; and forecast firm behavior in new situations without making any assumptions concerning the parametric form of underlying production technology.]
- DOI
- 10.2307/1913466
- Volume
- 52
- Issue
- 3
- Pages
- 579
- Sources
- bibtex:phds-export.bib crossref openalex