Semi-Homogeneous Technologies.
Abstract
A definition of Semi-Hemogeneity of input and output structure is formulated for technologies, such as the generalization of simple homogeneity proposed by Eichhorn for the classical production function, with proof of an additional property for the two exponent functions involved. It is shown that a technology may be semi-homogeneous in both input and output structure if and only i it is simply homogeneous. The cost and revenue function are shown to be semi-homogeneous in output and input vector respectively, if the input and output structure are semi-homogeneous. Some observations are made on statistical studies of scaling returns for scaling of input vectors. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 01, 1971
- Accession Number
- AD0728425
Entities
People
- Ronald Shephard
Organizations
- University of California, Berkeley