Advanced Search
MyIDEAS: Login

The Entropy Production Function and Its Application to the Multi-commodity and Multi-sector Model

Contents:

Author Info

  • Miyagi, Toshihiko
Registered author(s):

    Abstract

    Although the entropy function has been widely used in regional science, its underlying economic implications do not seem to have been explored in a significant way. The main purpose of this paper is an attempt to reconcile entropy model approaches with production theory in economics. In order to do so, we start with an appropriate assumption about cross-price elasticities of the input demand function of individual firms, and show that the existence of variations in price elasticities among demanded commodities induces heterogeneous production behaviour. As a result, we can have an entropic form of the production function. This type of production function is first developed for a single output firm, then extended to include multi-output and multi-input production industries.

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Article provided by Springer in its journal Annals of Regional Science.

    Volume (Year): 28 (1994)
    Issue (Month): 4 (December)
    Pages: 345-67

    as in new window
    Handle: RePEc:spr:anresc:v:28:y:1994:i:4:p:345-67

    Contact details of provider:
    Web page: http://link.springer.de/link/service/journals/00168/index.htm
    More information through EDIRC

    Order Information:
    Web: http://link.springer.de/orders.htm

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:spr:anresc:v:28:y:1994:i:4:p:345-67. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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