Barnett, William; Pasupathy, Meenakshi - Department of Economics, University of Kansas - 2012
Recently there has been a growing tendency to impose curvature, but not monotonicity, on specifications of technology …. But regularity requires satisfaction of both curvature and monotonicity conditions. Without both satisfied, the second …, estimated flexible specifications of technology are much more likely to violate curvature than monotonicity. Hence it has been …