Accuracy of the translog function

David I. Stern

doi:10.1080/135048594357943

Accuracy of the translog function

David I. Stern^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

4 Citations (Scopus)

Abstract

There has been some discussion of the accuracy of the translog approximation. Various simulation studies have generated different assessments. It is shown that when data are generated using known elasticities but no explicit production or cost function, the translog estimates of own price and cross-price elasticities prove reasonably accurate.

Original language	English
Pages (from-to)	172-174
Number of pages	3
Journal	Applied Economics Letters
Volume	1
Issue number	10
DOIs	https://doi.org/10.1080/135048594357943
Publication status	Published - 1 Oct 1994
Externally published	Yes

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Accuracy of the translog function

Abstract

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