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Elasticities of substitution for a regulated cost function

Authors
Publisher
Elsevier B.V.
Publication Date
Volume
7
Issue
3
Identifiers
DOI: 10.1016/0165-1765(81)90054-9

Abstract

Abstract This paper proposes a modification to the Uzawa (1962) characterization of the Allen partial elasticity of substitution under cost minimization to take account of the behavioral properties of the cost function for a firm subject to rate-of-return regulation.

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