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On Multistage Multiproduct Production Functions

Yair Mundlak and Assaf Razin

American Journal of Agricultural Economics, 1971, vol. 53, issue 3, 491-499

Abstract: To avoid the problem of product aggregation, the production process is formulated as F(a) = G(v) where a and v are vectors of products and factors respectively. F(a) is further specified as a multistage CES function and estimated by using the first-order conditions and duality relations. Some general questions of judging the results and the adequacy of grouping are discussed.

Date: 1971
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