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Nonhomogeneous Production Functions and Applications to Telecommunications

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  • H.D. Vinod

Abstract

A form of nonhomogeneous production function is utilized to compute marginal productivities, various elasticities, optimum input ratios, and the like, for different levels of inputs and outputs. Such comparisons are relevant for labor negotiations, capital investment, and control by either a parent corporation or a government regulatory agency. This form of production function can be fitted by simple regression and allows variable returns to scale and variable elasticities of substitution.

Suggested Citation

  • H.D. Vinod, 1972. "Nonhomogeneous Production Functions and Applications to Telecommunications," Bell Journal of Economics, The RAND Corporation, vol. 3(2), pages 531-543, Autumn.
  • Handle: RePEc:rje:bellje:v:3:y:1972:i:autumn:p:531-543
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    Cited by:

    1. Bella, Giovanni & Mattana, Paolo, 2014. "Global indeterminacy of the equilibrium in the Chamley model of endogenous growth in the vicinity of a Bogdanov–Takens bifurcation," Mathematical Social Sciences, Elsevier, vol. 71(C), pages 69-79.
    2. Martin Williams, 1984. "The structure of production in the United States textile industry: The post-war period," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 120(1), pages 155-164, March.
    3. Fitzroy A. Lee, 2001. "Imperfect Competition and Indirect Tax Structure in a Deregulated Telecommunications Sector," Public Finance Review, , vol. 29(6), pages 419-443, November.
    4. Ramcharran, Harri, 2001. "Productivity, returns to scale and the elasticity of factor substitution in the USA apparel industry," International Journal of Production Economics, Elsevier, vol. 73(3), pages 285-291, October.
    5. Neal E. Duffy, 1988. "Returns to Scale Behavior and Manufacturing Agglomeration Economies in U.S. Urban Areas," The Review of Regional Studies, Southern Regional Science Association, vol. 18(3), pages 47-54, Fall.
    6. Mirucki, Jean, 1980. "Vérification des conditions d'efficacité dans la production chez Bell Canada [Checking the conditions of efficient production in Bell Canada]," MPRA Paper 30147, University Library of Munich, Germany, revised Jun 1980.
    7. Mirucki, Jean, 1980. "Comportement de l'entreprise réglementée: étude de l'hypothèse Averch-Johnson [Behavior of the Regulated Firm: A Study of the Averch-Johnson Hypothesis]," MPRA Paper 27669, University Library of Munich, Germany, revised 1982.
    8. Ramcharran, Harri, 2017. "Bank lending to small business in India: Analyzing productivity and efficiency," The Quarterly Review of Economics and Finance, Elsevier, vol. 65(C), pages 16-24.

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