Results 131 to 140 of about 667 (187)

A generalization of the Symmetric Translog functional form

Journal of International Economics
W Erwin Diewert
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The Translog Function

1987
The CES was a natural extension of the Cobb-Douglas in that it permitted the elasticity of substitution to be something other than unity. The next obvious step is to generate a function which allows the elasticity of substitution to change with output and/or factor proportions.
David F. Heathfield, Sören Wibe
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Confidence Intervals for Elasticity Estimators in Translog Models

The Review of Economics and Statistics, 1986
This paper examines the distribution fu nctions of elasticity estimators in translog demand models. The authors consider the normaland ratio-of-normals distributions and present confidence intervals for the elasticity estimators. The results suggest that only elasticity estimato rs based on the means of the actual cost shares are likely to follow ...
Anderson, Richard G, Thursby, Jerry G
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Accuracy of the translog function

Applied Economics Letters, 1994
There has been some discussion of the accuracy of the translog approximation. Various simulation studies have generated different assessments. It is shown that when data are generated using known elasticities but no explicit production or cost function, the translog estimates of own price and cross-price elasticities prove reasonably accurate.
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The translog growth model

Journal of Macroeconomics, 2010
Abstract The macroeconomic growth equation based on the Solow model with translog technology is derived and compared to Wicksell–Cobb–Douglas. Both the basic model with physical capital and the augmented model with physical and human capital are presented.
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Nesting the Aids and Translog Demand Systems

International Economic Review, 1989
This paper shows that there exists a relatively simple demand model that is consistent with utility maximization, and has nested within it both the almost ideal demand system and translog models. This model is exactly aggregated, then estimated using aggregate U.S. demand data.
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On the Estimation of Factor Substitution in the Translog Model

The Review of Economics and Statistics, 1987
The conventional approach to computation of the Allen partial elasticities of substitution (AES) in the framewo rk of the translog production function requires to estimate a set of multivariate input-demand functions. This paper proposes an alternati ve way to compute the AESs, requiring only to estimate elasticities v ia a truncated, single cost-share
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The Minflex Laurent Translog Flexible Functional Form

Journal of Econometrics, 1985
The author's minflex-Laurent generalized Leontief model [see ''The flexible Laurent demand system'', Proc. 1982 Am. Econ. Assoc. Meet., Business Econ. Stat. Sect., 82-89 (1982)] was produced from a special case of a second-order Laurent series expansion in the square roots. In this paper we produce a minflex-Laurent translog flexible functional form by
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A Translog Cost Function for Urban Bus Transit

The Journal of Industrial Economics, 1981
SEVERAL authors-among them Fisher and Viton [8], Keeler et al. [i2], Pozdena [I 7], and Small [22, 23] have pointed out the apparent superiority of bus transit over other forms of mass transit. The conclusions of these analyses rest on the following framework: in a given transportation market structure, consider the full costs of providing a trip of ...
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The Translog Production Function and Variable Returns to Scale

The Review of Economics and Statistics, 1992
This paper examines existing methods of estimating the translog production function and provides a general framework that allows for variable returns to scale. The model is based on the inverse input demand function and embeds a nonhomothetic production technology. Previous estimation methods are valid only for homogeneous technologies with fixed scale
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