CONSTRAINED JOINT ESTIMATION OF FACTOR DEMAND AND PRODUCTION FUNCTIONS.

Firms determine their demands for factors of production by finding the combination of factor inputs that will maximize profits or minimize costs, subject to a technological constraint , the production function. Because the production function is common to decisions for all factors, the factor demand...

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Detalles Bibliográficos
Publicado en:Review of Economics & Statistics Vol. 52; no. 3; pp. 287 - 301
Autores principales: Coen, Robert M., Hickman, Bert G.
Formato: Artículo
Publicado: MIT Press Aug70
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Acceso en línea:Ver este registro en EBSCOhost