A generalized flexible functional form for α-returns to scale

Hideyuki Mizobuchi () and Valentin Zelenyuk
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Hideyuki Mizobuchi: Doshisha University

Journal of Productivity Analysis, 2023, vol. 59, issue 3, No 1, 217-224

Abstract: Abstract This study proposes a new flexible functional form for distance functions. This generalizes the existing functional form of Diewert (1992b) by allowing for α-returns to scale technology and employing the quadratic mean of order r aggregator function. Because we allow parameter α to be any strictly positive real number and r to be any non-zero real number, it includes a variety of functional forms as special cases, and all of them can now be considered as flexible functional forms.

Keywords: Productivity and competitiveness; Flexible functional form; Distance function; α-returns to scale; Quadratic-mean-of-order-r function; CES function (search for similar items in EconPapers)
JEL-codes: C13 C43 D24 E31 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s11123-023-00658-3

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