国际竞争力的研究.ppt

Economic theory and econometrics However, the constraints imposed by additivity, homogeneity and limitations on patterns of substitution frustrate the objective of characterizing technology empirically. For example, the C-D production function, Cobb and Douglas (1928) and CES production function Arrow, Chenery, Minhas, and Solow (1961). Economic theory and econometrics The innovations in econometric methodology for modeling producer behavior stem from the dual formulation of production theory originated by Harold Hotelling (1932). Lawrence Lau and Jorgenson gave a presentation of duality in