Homogeneity and Supply
Supply functions in the ubiquitous Gorman class are examined for their homogeneity properties. Homogeneity places surprisingly strong restrictions on functional forms. These forms facilitate testing of aggregability given homogeneity or homogeneity given aggregability or testing both.
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- Jeffrey T. LaFrance, 1993.
"Weak Separability in Applied Welfare Analysis,"
Monash Economics Working Papers
archive-26, Monash University, Department of Economics.
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- Chalfant, James A, 1987. "A Globally Flexible, Almost Ideal Demand System," Journal of Business & Economic Statistics, American Statistical Association, vol. 5(2), pages 233-42, April.
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