A nonparametric test of quasiconcave production function with variable returns to scale
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DOI: 10.1016/j.jmateco.2018.12.003
Abstract: Abstract Modeling “quasiconcavity” and “variable returns to scale” simultaneously is a challenging task. This paper defines variable returns to scale vigorously and explores its relationships with elasticity of scale and S-shaped functions. To check empirical… read more here.
Keywords: returns scale; production function; quasiconcave production; variable returns ... See more keywords