Homogeneity and Supply
Posted: 17 Jun 2008
There are 2 versions of this paper
Homogeneity and Supply
American Journal of Agricultural Economics, Vol. 90, Issue 3, pp. 606-612, 2008
Number of pages: 7
Posted: 28 Apr 2020
Date Written: 2007-11
Abstract
Supply functions in the ubiquitous Gorman class are examined for their homogeneity properties. Homogeneity places surprisingly strong restrictions on functional forms. These forms facilitate testing of aggregability given homogeneity or homogeneity given aggregability or testing both.
Suggested Citation: Suggested Citation
LaFrance, Jeffrey T. and Pope, Rulon Dean, Homogeneity and Supply (2007-11). American Journal of Agricultural Economics, Vol. 90, Issue 3, pp. 606-612, August 2008, Available at SSRN: https://ssrn.com/abstract=1146674 or http://dx.doi.org/10.1111/j.1467-8276.2007.01130.x
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