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A flexible, globally regular representation of convex production possibilities frontiers
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UNSPECIFIED (1999) A flexible, globally regular representation of convex production possibilities frontiers. JOURNAL OF PRODUCTIVITY ANALYSIS, 12 (2). pp. 153-159. ISSN 0895-562X.
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Abstract
This note describes how a convex N-input- M-output production possibility frontier can be locally approximated by means of a flexible Nonseparable Nested Constant-Elasticity-of-Substitution/Constant-Elasticity-of-Transformation (NNCES-CET) restricted profit function. This technique yields a summary representation of technology sets that is globally regular and thus suitable for use in applications where regularity is crucial.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HF Commerce H Social Sciences > HC Economic History and Conditions H Social Sciences |
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Journal or Publication Title: | JOURNAL OF PRODUCTIVITY ANALYSIS | ||||
Publisher: | KLUWER ACADEMIC PUBL | ||||
ISSN: | 0895-562X | ||||
Official Date: | September 1999 | ||||
Dates: |
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Volume: | 12 | ||||
Number: | 2 | ||||
Number of Pages: | 7 | ||||
Page Range: | pp. 153-159 | ||||
Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
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