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On Multistage Multiproduct Production Functions

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  • Yair Mundlak
  • Assaf Razin

Abstract

To avoid the problem of product aggregation, the production process is formulated as F(a) = G(v) where a and v are vectors of products and factors respectively. F(a) is further specified as a multistage CES function and estimated by using the first-order conditions and duality relations. Some general questions of judging the results and the adequacy of grouping are discussed.

Suggested Citation

  • Yair Mundlak & Assaf Razin, 1971. "On Multistage Multiproduct Production Functions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(3), pages 491-499.
    • Handle: RePEc:oup:ajagec:v:53:y:1971:i:3:p:491-499.
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    Cited by:

    1. Liu, Karen, 1981. "Multiple Crop Supply and Factor Demand Component of the World Grains, Oilseeds, and Livestock Model," Staff Reports 276718, United States Department of Agriculture, Economic Research Service.
    2. Sudhanshu Mishra, 2007. "Least squares estimation of joint production functions by the differential evolution method of global optimization," Economics Bulletin, AccessEcon, vol. 3(51), pages 1-13.
    3. repec:ebl:ecbull:v:3:y:2007:i:51:p:1-13 is not listed on IDEAS
    4. Emmanuel Dhyne & Amil Petrin & Valerie Smeets & Frederic Warzynski, 2014. "Import competition, productivity and multi-product firms," Working Paper Research 268, National Bank of Belgium.
    5. Anderson, Jock R., 1972. "An Overview of Modelling in Agricultural Management," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 40(03), pages 1-12, September.
    6. S K Mishra, 2010. "A Brief History of Production Functions," The IUP Journal of Managerial Economics, IUP Publications, vol. 0(4), pages 6-34, November.
    7. Ortiz-Bobea, Ariel, 2013. "Is Weather Really Additive in Agricultural Production? Implications for Climate Change Impacts," RFF Working Paper Series dp-13-41, Resources for the Future.

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