文章基本信息

标题：Choosing an Empirical Production Function: Theory, Nonnested Hypotheses, Costs of Specifications
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作者：Hall, Harry H.
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：1998
出版社：Food Distribution Research Society
摘要：This paper considers the specification of a production function, using crop-yield response to agricultural lime as an example. The paper first reviews neoclassical production theory, observing that this theory specifies neither the form nor the arguments of a production function. Several functions that are consistent with the theory are then evaluated by goodness-of-fit tests, by nonnested-hypothesis tests, and by "costs of misspecification." Neither goodness-of-fit tests nor nonnested-hypothesis tests provide a clear choice among the candidate functions; costs of misspecification provide some choice.
关键词：functional forms;neoclassical production theory;production functions;response functions;specification.