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Skjerpen, Terje

The dynamic factor demand model revisited: the identification problem remains. (English) Zbl 1254.91622

Econ. Lett. 89, No. 2, 157-166 (2005).
Summary: The lack of identification of short-run effects in a system of regression equations consisting of a dynamic translog cost function and cost share equations derived from this cost function is shown.

MSC:

91B82 Statistical methods; economic indices and measures
62J05 Linear regression; mixed models
62J02 General nonlinear regression
91B38 Production theory, theory of the firm
91B84 Economic time series analysis

Keywords:

dynamic cost function
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\textit{T. Skjerpen}, Econ. Lett. 89, No. 2, 157--166 (2005; Zbl 1254.91622)
Full Text: DOI

References:

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