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Valueadded in constant prices
Introducing imperfect competition
Hicks aggregation theorem in the consumer context
30 other sections not shown
A-J model allowed rate approximation assumed assumption average capital and labor capital services coefficients concave conditional indirect constant constraint continuously differentiable convex convex function cost function demand equations demand functions Diewert disembodied technical change divisia index duality econometric economic elasticity of substitution electricity embodied technical change empirical error estimates ex post factor augmenting factor price fixed fuel functional form Fuss gross output homothetic Hotelling's lemma implies indirect utility function industry input prices input-output intermediate inputs Lemma Leontief linear homogeneous McFadden measure micro non-homothetic non-joint non-negative null hypothesis observed output price parameters partial derivatives plant primary inputs problem production function putty-clay rate of return real value-added regression regulated firm regulatory effectiveness relative respect restrictions returns to scale sample satisfies Section separability specification statistic Table Theorem translog translog cost function utility maximization problem value-added function variable vector vintage zero