• Title of article

    The duality between production and cost functions: A new finding

  • Author/Authors

    Sproule، نويسنده , , Robert; Vigneault، نويسنده , , Marianne ، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1996
  • Pages
    4
  • From page
    67
  • To page
    70
  • Abstract
    This paper presents a new finding regarding the duality between production and cost functions. It demonstrates that the sum of the output elasticities along a ray from the origin is identical to the sum of the output elasticities along the expansion path.
  • Keywords
    Envelope theorem , Elasticity of size , Cost theory , Elasticity of scale
  • Journal title
    Economics Letters
  • Serial Year
    1996
  • Journal title
    Economics Letters
  • Record number

    434095