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Toward a Resolution of the Allocatable Input Dilemma

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  • Shumway, C. Richard

Abstract

Relationships between system and single-equation specifications of technology for the multi-product firm are explored and extended. The Just-Zilberman- Hochman assertions are altered by allocation costs but not by technical interdependence in production. Partially maintaining the behavioral objective does not affect duality relationships. Some are reversible; others are not.
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Suggested Citation

  • Shumway, C. Richard, 1985. "Toward a Resolution of the Allocatable Input Dilemma," Departmental Reports 256829, Texas A&M University, Department of Agricultural Economics.
    • Handle: RePEc:ags:tamutr:256829
    DOI: 10.22004/ag.econ.256829
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    References listed on IDEAS

    as
    1. Richard E. Just & David Zilberman & Eithan Hochman, 1983. "Estimation of Multicrop Production Functions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(4), pages 770-780.
    2. C. Richard Shumway & Rulon D. Pope & Elizabeth K. Nash, 1984. "Allocatable Fixed Inputs and Jointness in Agricultural Production: Implications for Economic Modeling," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(1), pages 72-78.
    3. Hall, Robert E, 1973. "The Specification of Technology with Several Kinds of Output," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 878-892, July-Aug..
    4. Lau, Lawrence J, 1972. "Profit Functions of Technologies with Multiple Inputs and Outputs," The Review of Economics and Statistics, MIT Press, vol. 54(3), pages 281-289, August.
    5. Ron C. Mittelhammer & Scott C. Matulich & D. Bushaw, 1981. "On Implicit Forms of Multiproduct-Multifactor Production Functions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(1), pages 164-168.
    6. Lau, Lawrence J., 1976. "A characterization of the normalized restricted profit function," Journal of Economic Theory, Elsevier, vol. 12(1), pages 131-163, February.
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