Consistency, Flexibility, Applicability

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F01%3A00004494" target="_blank" >RIV/00216224:14560/01:00004494 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Consistency, Flexibility, Applicability

Original language description

The paper brings a survey of flexible functional forms and summarizes the theoretical properties of several economic functional types (indirect utility, cost, expenditure function and the appropriate input demand systems). The notions of flexibility of the functional form (relating to the character of its parameters), consistency with the economic theory (considered in contexts of producer and consumer behaviour) and the domain of applicability (towards admissible values of independent variables) are discussed. The comparative example based on the TRANSLOG and the generalized Leontief unit cost function is chosen to elucidate the main topic of the article

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

<a href="/en/project/GA402%2F99%2F0980" target="_blank" >GA402/99/0980: Macroeconomic modelling of the Czech economy: effect of monetary policy and growth</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2001

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Bulletin České společnosti ekonometrické

ISSN

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e-ISSN

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Volume of the periodical

2001

Issue of the periodical within the volume

14

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

11

Pages from-to

23

UT code for WoS article

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EID of the result in the Scopus database

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