Specification and Estimation of Multiple-Output Production Functions
by Georg Hasenkamp
One Introduction -- Two Multiple-Output Production Functions -- A. Introduction -- B. Basic Theory of Production -- C. Almost-Homogeneity and Separability -- D. The Treatment of Raw Materials in Production Theory — or Subaggregation of Inputs -- E. Subaggregation of Outputs -- F. Conclusions -- Three Functional Forms for Multiple-Output Technologies -- A. Introduction -- B. Input Functions -- C. Output Functions -- D. Separable Multiple-Output Production Functions -- E. Nonseparable Multiple-Output Production Functions -- Appendix: Algebraic Derivation of Aggregate Variables -- Four Stochastic Specification -- A. Introduction -- B. The Stochastic System of output Supply and Input Demand -- C. Stochastic Profit and Cost Functions -- D. Estimation -- Five Empirical results -- A. Introduction -- B. Cross-Section Data for U.S. Railroads -- C. Time Series Data for U.S. Economy.