
handle: 10419/34274
This note provides a useful property of the Allen–Uzawa partials for the translog cost function. It also suggests how the main results extend to any functional form with certain properties. The curvature of the Allen–Uzawa matrix is the same as the curvature of the Hessian matrix. Intuitively and empirically, the Allen–Uzawa partials allow for the verification of curvature properties.
Substitutionselastizität, ddc:330, Elasticity of Substitution, Translog Cost Function, Concavity, Kostenfunktion, Marginalanalyse, Theorie, jel: jel:C52, jel: jel:C13, jel: jel:D20
Substitutionselastizität, ddc:330, Elasticity of Substitution, Translog Cost Function, Concavity, Kostenfunktion, Marginalanalyse, Theorie, jel: jel:C52, jel: jel:C13, jel: jel:D20
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