IDEAS home Printed from https://ideas.repec.org/p/ags/amstas/293043.html
   My bibliography  Save this paper

Mukerji-production functions in the input-output model

Author

Listed:
  • Kreijger, R.G.

Abstract

In this paper the well-known assumption of constant technical coefficients in input-output analysis is relaxed. For each sector it is assumed that production takes place according to a Mukerji production function: x. = (Ia. 1J) 1 . where x, is the production J 1J 1J J volumeofsectorjandthex.are the production factors (among which ij are intermediate deliveries from other sectors). Profit maximization in each sector then leads to equations which express the x.. ,as :511E1c-tic= of the :x. and of prices. An adjustment mechanism lj J and time trend are added. The resulting specifications are estimated for 17 sectors using Dutch data for the period 1953-1968. The results are reported in the paper. The fit of this model is then compared with the fit of the constant-coefficients model. "Constant" here means: independent of prices and level of production, but allowing for time trends and autocorrelation. The Mukerji specification turns out to have a significantly better fit.

Suggested Citation

  • Kreijger, R.G., 1977. "Mukerji-production functions in the input-output model," University of Amsterdam, Actuarial Science and Econometrics Archive 293043, University of Amsterdam, Faculty of Economics and Business.
    • Handle: RePEc:ags:amstas:293043
    DOI: 10.22004/ag.econ.293043
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/293043/files/amsterdam019.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.293043?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:amstas:293043. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/feuvanl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.