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The Morishima Elasticity of Substitution for the Profit Function

  • Yijian He

    (Southern Illinois Univ. @ Carbondale)

  • Subhash C. Sharma

    (Southern Illinois Univ. @ Carbondale)

In this note we derive expressions for the Morishima elasticity of substitution for a multiple input and outputs profit function. These expressions may have important applications to empirical studies.

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Paper provided by EconWPA in its series Microeconomics with number 9502002.

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Length: 9 pages
Date of creation: 08 Feb 1995
Date of revision: 17 Feb 1995
Handle: RePEc:wpa:wuwpmi:9502002
Note: 9 pages; FTP submission of an uncompressed, binary WordPerfect 5.1 document, prepared on a PC with an installed LaserJet III; this submission should better document a weak week-earlier submission..., with apologies.
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  1. Kohli, Ulrich, 1993. "A Symmetric Normalized Quadratic GNP Function and the U.S. Demand for Imports and Supply of Exports," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(1), pages 243-55, February.
  2. Charles Blackorby & Daniel Primont & R. Russell, 2007. "The Morishima gross elasticity of substitution," Journal of Productivity Analysis, Springer, vol. 28(3), pages 203-208, December.
  3. repec:cup:cbooks:9780521314275 is not listed on IDEAS
  4. Blackorby, Charles & Russell, R Robert, 1989. "Will the Real Elasticity of Substitution Please Stand Up? (A Comparison of the Allen/Uzawa and Morishima Elasticities)," American Economic Review, American Economic Association, vol. 79(4), pages 882-88, September.
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