Author: Vern Caddy
This 1978 paper is about modelling production input demands for the ORANI model. It examines a nested production structure where capital and labour are combined to form "value-added", which is in turn combined with a materials aggregate to form output. The nested production structure is contrasted with a more general translog form. Using trans-log, own-and cross-price elasticities are estimated. The elasticity matrix does not show the patterns implied by the nesting hypothesis which is therefore rejected.
Please note: The PDF download of this fairly old paper is an optical scan of indifferent, but legible, quality
JEL Classification: J23, D24, C20.
Keywords: Separability, production functions.
Working Paper Number O-15 can be downloaded in PDF format. To print this you will need the Adobe Acrobat Reader.
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