Munk, Knud Jørgen - School of Economics and Management, University of Aarhus - 2006
-complements,
distance function.
JEL classification codes:
H2
Acknowledgements:
The initial work for this article has been made … , which is defined as
()(
()()
)
,,
,,
ij
ij
ij
DuDu
DuD u
ρ ≡
cc
cc
,ij FC∈
where is the distance function (Deaton … constant, i.e. if ( )00( )
ij
ijρ ≥< ≠.
The two concepts are linked since the distance function may be defined from the full …