Functional Separability and the Existence of Consistent Aggregates in U.S. Manufacturing: Comment
探讨直接生产函数在投入上的可分性与间接生产函数在投入价格上的可分性之间的关系,指出同时满足直接和间接弱可分性意味着直接生产函数是位似的,因此基于间接可分性检验推断直接可分性仅在同时假设位似性时才有效。
This paper examines the relationship between separability of the direct production function in inputs and separability of the indirect production function in input prices. In particular, it shows that simultaneous direct and indirect weak separability implies homotheticity of the direct production function, and hence homotheticity of the indirect production function. Thus, inferences regarding direct separability based on empirical tests for indirect separability would be valid only if homotheticity is also imposed and treated as maintained hypothesis. Copyright 1996 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.