Homogeneity and Supply
7 Pages Posted: 28 Apr 2020
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Homogeneity and Supply
American Journal of Agricultural Economics, Vol. 90, Issue 3, pp. 606-612, 2008
Number of pages: 7
Posted: 28 Apr 2020
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Homogeneity and Supply
American Journal of Agricultural Economics, Vol. 90, Issue 3, pp. 606-612, August 2008
Posted: 17 Jun 2008
Date Written: August 2008
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.
Keywords: functional form, homogeneity, supply
Suggested Citation: Suggested Citation
LaFrance, Jeffrey T. and Pope, Rulon D., Homogeneity and Supply (August 2008). American Journal of Agricultural Economics, Vol. 90, Issue 3, pp. 606-612, 2008, Available at SSRN: https://ssrn.com/abstract=3584661 or http://dx.doi.org/10.1111/j.1467-8276.2007.01130.x
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