TY - JOUR
T1 - A note on Allen-Uzawa partial elasticities of substitution
T2 - The case of the translog cost function
AU - Christev, Atanas
AU - Featherstone, Allen M.
PY - 2009
Y1 - 2009
N2 - This note provides a useful property of the Allen-Uzawa partials for the translog cost function. It also suggests how the main results extend to any functional form with certain properties. The curvature of the Allen-Uzawa matrix is the same as the curvature of the Hessian matrix. Intuitively and empirically, the Allen-Uzawa partials allow for the verification of curvature properties.
AB - This note provides a useful property of the Allen-Uzawa partials for the translog cost function. It also suggests how the main results extend to any functional form with certain properties. The curvature of the Allen-Uzawa matrix is the same as the curvature of the Hessian matrix. Intuitively and empirically, the Allen-Uzawa partials allow for the verification of curvature properties.
UR - http://www.scopus.com/inward/record.url?scp=68049095013&partnerID=8YFLogxK
U2 - 10.1080/13504850701367130
DO - 10.1080/13504850701367130
M3 - Article
SN - 1350-4851
VL - 16
SP - 1165
EP - 1169
JO - Applied Economics Letters
JF - Applied Economics Letters
IS - 11
ER -