Testing Hypotheses of Functional Structure: Some Rules for Determining Flexibility of Restricted Production Models

Paul Driscoll, Jeffrey Alwang and Anya McGuirk

American Journal of Agricultural Economics, 1992, vol. 74, issue 1, 100-108

Abstract: Rules are proposed to help determine whether a production function maintains flexibility under parametric restrictions required to impose homogeneity, homotheticity, and forms of separability. After imposing restrictions and applying the rules, many second-order "flexible" forms are found to be more inflexible than formerly believed.

Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:74:y:1992:i:1:p:100-108.

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