Modeling allocative inefficiency in a translog cost function and cost share equations: An exact relationship

被引：91
作者：
Kumbhakar, SC
机构：
[1] Department of Economics, University of Texas at Austin, Austin
来源：
JOURNAL OF ECONOMETRICS | 1997年 / 76卷 / 1-2期
关键词：
technical and allocative inefficiency; translog cost function;
D O I：
10.1016/0304-4076(95)01796-8
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Previous studies using translog cost function used ad hoc specifications to model allocative inefficiency in the cost function and the cost share equations. This paper uses a translog cost function and establishes an exact relationship between allocative inefficiency in the cost share equations and in the cost function. Such an exact relationship was believed to be possible only for self dual production functions.
引用
收藏
页码：351 / 356
页数：6
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