Functional Separability and Elasticities of Complementarity
H. Youn Kim
American Journal of Agricultural Economics, 1997, vol. 79, issue 4, 1177-1181
Abstract:
This paper presents an alternative characterization of separability based on elasticities of complementarity. Earlier studies have formulated separability restrictions in terms of the Allen elasticities of substitution. The Hicks and Antonelli elasticities of complementarity are presented to examine separability of production (utility) and distance functions. Whereas the Allen elasticities of substitution are valid under homothetic separability, the Hicks elasticities of complementarity are a universally relevant measure of separability for the production (utility) function. Separability of meat commodities is tested using the Antonelli elasticities with the consumer's preferences specified with the distance function. Copyright 1997, Oxford University Press.
Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (9)
Downloads: (external link)
http://hdl.handle.net/10.2307/1244274 (application/pdf)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:79:y:1997:i:4:p:1177-1181
Access Statistics for this article
American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu
More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().