English, Article edition: The Antonelli versus Hicks Elasticity of Complementary and Inverse Input Demand Systems. Kim, H Youn

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/120018
Physical Description
  • article
Language
  • English

Edition details

Title
  • The Antonelli versus Hicks Elasticity of Complementary and Inverse Input Demand Systems.
Author
  • Kim, H Youn
Physical Description
  • article
Notes
  • A true measure of input substitution associated with exogenous changes in input quantities requires that the output level be held constant. To this effect, this study presents the Antonelli elasticity of complementarity characterised by the distance function. The more common Hicks elasticity of complementarity assumes that marginal cost is constant and hence does not capture pure substitution effects. The two elasticities of complementarity are related to inverse demand systems and are shown to be equivalent under constant returns to scale. A framework for estimating the Antonelli elasticity from the uncompensated demand system is presented. Estimation results reveal substantial bias of input substitutability with the use of Hicks' measure. Copyright 2000 by Blackwell Publishers Ltd/​University of Adelaide and Flinders University of South Australia
  • RePEc:bla:ausecp:v:39:y:2000:i:2:p:245-61
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment