Diewert, Erwin; Fox, Kevin J . - Vancouver School of Economics - 2009
Classification: D110
Key words: Normalized Quadratic, expenditure function, flexible functional forms, elasticities … a lesser
extent, the Generalized Leontief cost function. Both of these functional forms are flexible; i.e.,
they can … demand, since these flexible functional
forms can approximate arbitrary differentiable demand functions to the first order …