A general procedure to recover the marginal products of a cost minimizing firm

被引:4
作者
Ouellette, P [1 ]
Vigeant, S
机构
[1] Univ Quebec, Dept Sci Econ, Montreal, PQ H3C 3P8, Canada
[2] Univ Alberta, Fac St Jean, Edmonton, AB T6G 2M7, Canada
关键词
D O I
10.1023/A:1007851024735
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper we develop a new method, based on generalized inverse, to recover the first derivatives of the production function. This allows us to retrieve returns to scale, technological progress and, in a dynamic setting, a measure of the adjustment cost. The method is general and systematic and it applies in cases where the traditional method does not. It is especially relevant when examining dynamic models or regulated firms.
引用
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页码:143 / 162
页数:20
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