Estimating economies of scope using the profit function: A dual approach for the normalized quadratic profit function

Theoretical relationships between parameters of the normalized quadratic profit and cost functions are derived allowing for economies of scope to be calculated using profit function estimates. An empirical example confirms that the cost function is recovered using the estimated profit function.

MoreLess

Year of publication:	2008
Authors:	Gao, Zhifeng ; Featherstone, Allen M.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 100.2008, 3, p. 418-421
Publisher:	Elsevier

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005175184