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http://purl.umn.edu/23676
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| Title: | IDENTIFICATION OF ECONOMIES OF SCOPE IN A STOCHASTIC PRODUCTION ENVIRONMENT |
| Authors: | Curtis, Rita E. Sarmiento, Camilo |
| Authors (Email): | Sarmiento, Camilo (csarmien@ndsuext.nodak.edu) |
| Keywords: | Production Risk Multioutput Production Identification |
| Issue Date: | 2001 |
| Series/Report no.: | Staff Paper AAE 01006 |
| Abstract: | This paper extends the definition of economies of scope to multioutput firms that face an uncertain production environment. Identification of economies of scope in this environment, however, requires separability assumptions on the technology. These identification restrictions are demonstrated in the paper, and for each identification restriction the definition of economies of scope is generalized to the case of uncertain production and risk aversion. |
| URI: | http://purl.umn.edu/23676 |
| Institution/Association: | North Dakota State University>Department of Agribusiness and Applied Economics>Staff Papers |
| Total Pages: | 13 |
| Language: | English |
| Collections: | Staff Papers
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