An empirical input allocation model for the multiproduct firm

Laitinen (1980) derives an input allocation model for a multiproduct firm that first maximizes revenue and second maximizes profit. While theoretically elegant, the model has never been formulated empirically because of the complexity of the model’s price-deflated terms. This paper derives the linear parameterization of the input allocation model that can be used for empirical estimation.

MoreLess

Year of publication:	2014
Authors:	Seale, James L. ; Vorotnikova, Ekaterina ; Asci, Serhat
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 124.2014, 3, p. 367-369
Publisher:	Elsevier
Subject:	Multiproduct firm \| Input allocation \| Differential joint production

Online Resource

Check full text access |

More access options

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

subito order

I need help

More details

Type of publication:	Article
Classification:	D2 - Production and Organizations ; D4 - Market Structure and Pricing ; L1 - Market Structure, Firm Strategy, and Market Performance ; L2 - Firm Objectives, Organization, and Behavior
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010930709