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Existence of a Real ValueAdded Function
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A-J model allowed rate approximation assumed assumption average bias capital and labor capital services concave conditional indirect constant constraint continuously differentiable convex convex function cost function demand equations demand functions Diewert disembodied technical change duality econometric economic elasticity of substitution electricity embodied technical change empirical error estimates ex post factor augmenting factor demand factor price fixed fuel functional form Fuss gross output homothetic Hotelling's lemma implies indirect utility function industry input prices intermediate inputs Lemma Leontief linear homogeneous McFadden measure micro non-joint non-negative null hypothesis observed output price parameters 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 sector separability specification statistic Statistics Canada Table Theorem translog translog cost function utility maximization problem value-added function variable vintage Wght zero