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Zhu, M., Onel, G. and Seale Jr., J.L. (2015) An Empirical Input Allocation Model for the Cost Minimizing Multiproduct Firm. Economics Letters, 132, 73-76. http://dx.doi.org/10.1016/j.econlet.2015.04.015
has been cited by the following article:
TITLE: An Empirical Multi-Output Production Decision Model for the Profit Maximizing Multiproduct Firm
AUTHORS: Ekaterina Vorotnikova, Serhat Asci
KEYWORDS: Multiproduct Firm, Multi-Output Production Decision, Differential Production Component
JOURNAL NAME: Theoretical Economics Letters, Vol.5 No.4, August 20, 2015
ABSTRACT: Empirical estimation of a theoretical multi-output production model that uses multiple inputs is difficult because of the complexities of its functional form. By using proper parameterization to linearize theoretical model’s functional form, this paper develops an empirical estimation for multi-output production decision using multiple inputs in the profit maximizing firm, namely, multi-output production decision model. The model aligns with the dual approach of cost minimization and revenue maximization for the profit maximizing multi-product firm while keeping jointness in production structurally intact.
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