ON THE CHOICE OF FUNCTIONAL FORMS IN THE MEASUREMENT OF SCALE AND SCOPE ECONOMIES: GENERALIZED BOX-COX AND COMPOSITE COST FUNCTIONS

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dc.creatorOgunyinka, Ebenezer
dc.creatorFeatherstone, Allen M.
dc.date2017-04-01T19:17:10Z
dc.date.accessioned2026-07-09T04:24:30Z
dc.descriptionThis paper estimates and compares generalized Box-Cox and composite cost functions to identify scale and scope economies. The robustness of the outcomes to different functional specifications was examined. Increasing returns to scale was common for product-specific and the overall measures. Generalized Leontief and composite forms yielded more robust elasticity, scale and scope measures. The generalized Box-Cox model was selected as the appropriate functional form as all the special cases were rejected.
dc.identifierdoi:10.22004/ag.econ.35057
dc.identifierhttps://ageconsearch.umn.edu/record/35057/files/sp03og02.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/35057
dc.identifier.urihttp://hdl.handle.net/123456789/549472
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/35057
dc.titleON THE CHOICE OF FUNCTIONAL FORMS IN THE MEASUREMENT OF SCALE AND SCOPE ECONOMIES: GENERALIZED BOX-COX AND COMPOSITE COST FUNCTIONS
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