Inferring Long-Run Elasticities From a Short-Run Quadratic Profit Function
โ Scribed by Thomas W. Hertel
- Book ID
- 114842086
- Publisher
- John Wiley and Sons
- Year
- 1987
- Tongue
- English
- Weight
- 429 KB
- Volume
- 35
- Category
- Article
- ISSN
- 0008-3976
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
Numerous estimates of economies of scale in the hospital setting have been obtained since the early 1980s from both flexible long-run and short-run cost functions. Although the theoretical superiority of the latter approach is widely recognized, it has been previously suggested that the two cost spe
In the analysis of short-and long-run effects of economic variables on energy use, co-integration techniques are promising candidates. These techniques were employed to develop an error correction model of annual US residential electricity demand. Equipment stock indices were compiled and the model