Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: May, 1984, Volume 52, Issue 3

The Nonparametric Approach to Production Analysis<579:TNATPA>2.0.CO;2-2
p. 579-598

Hal R. Varian

This paper shows how to test firm demand and supply data for consistency with profit maximization and cost minimization models; test for special restrictions on technology such as constant returns to scale, homotheticity, and separability; recover estimates of the underlying technology; and forecast firm behavior in new situations without making any assumptions concerning the parametric form of underlying production technology.

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