Korea Rural Economic Institue

IDENTIFICATION OF ECONOMIES OF SCOPE IN STOCHASTIC PRODUCTION TECHNOLOGIES

영문 제목
IDENTIFICATION OF ECONOMIES OF SCOPE IN STOCHASTIC PRODUCTION TECHNOLOGIES
저자
서진교
출판년도
2002-07
목차
CONTENTS
1. Introduction
2. General Definitions of Joint and Non-joint Stochastic
Technologies
3. Ex ante Cost functions of Joint adn Non-jiont Stochastic
Techonlogies
4. Identification of Economies of Scope using Separability
restrictions on Risk
5. Conclusions
ABSTRACT
Three restricted specifications of a stochastic technology that enable
economies of scope to be identified are defined in the study. For each
specification, the results of this study exactly parallel those obtained by
Panzar and Willig (1981) for defining economies of scope using a non-stochastic
technology. Sub-additivity of the individual ex ante cost function of each
output is a sufficient condition for multi-output firms operating in a
stochastic production environment.
발행처
KREI
발간물 유형
KREI 논문
보고서 번호
JRD25-1-01
URI
http://repository.krei.re.kr/handle/2018.oak/15944
Appears in Collections:
학술지 논문 > 농촌경제 / JRD
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