An empirical input allocation model for the multiproduct firm

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 124
Issue: 3
Pages: 367-369

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 (1980) derives an input allocation model for a multiproduct firm that first maximizes revenue and second maximizes profit. While theoretically elegant, the model has never been formulated empirically because of the complexity of the model’s price-deflated terms. This paper derives the linear parameterization of the input allocation model that can be used for empirical estimation.

Technical Details

RePEc Handle
repec:eee:ecolet:v:124:y:2014:i:3:p:367-369
Journal Field
General
Author Count
3
Added to Database
2026-01-24