HOMOGENEITY AND SUPPLY

Supply functions in the ubiquitous Gorman class are examined for their homogeneity properties. Homogeneity places surprisingly strong restrictions on functional forms. These forms facilitate testing of aggregability given homogeneity or homogeneity given aggregability or testing both.


Issue Date:
2007
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/6863
Total Pages:
28
Series Statement:
CUDARE Working Paper
1043




 Record created 2017-04-01, last modified 2017-08-23

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