An empirical input allocation model for the cost minimizing multiproduct firm

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 132
Issue: C
Pages: 73-76

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Laitinen and Theil (1978) derive a theoretical input allocation model for a multiproduct firm that first minimizes cost and second maximizes profit. However, its empirical counterpart is not available. We linearize the model and derive a general empirically estimable model.

Technical Details

RePEc Handle
repec:eee:ecolet:v:132:y:2015:i:c:p:73-76
Journal Field
General
Author Count
3
Added to Database
2026-01-26