About: Theoretical consistency property applied to the micro-economic modelling with flexible functional forms

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An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	The paper brings a survey of flexible functional forms and summarizes the theoretical properties of several functional types(indirect utility,cost,expenditure function and the appropriate input demand systems).The notion of flexibility of the functional form (relating to the character of its parameters), consistency with the economic theory (considered in contexts of producer or 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 toipc of the article. The paper brings a survey of flexible functional forms and summarizes the theoretical properties of several functional types(indirect utility,cost,expenditure function and the appropriate input demand systems).The notion of flexibility of the functional form (relating to the character of its parameters), consistency with the economic theory (considered in contexts of producer or 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 toipc of the article. (en)
Title	Theoretical consistency property applied to the micro-economic modelling with flexible functional forms Theoretical consistency property applied to the micro-economic modelling with flexible functional forms (en)
skos:prefLabel	Theoretical consistency property applied to the micro-economic modelling with flexible functional forms Theoretical consistency property applied to the micro-economic modelling with flexible functional forms (en)
skos:notation	RIV/00216224:14560/02:00006435!RIV/2003/GA0/145603/N
http://linked.open.../vavai/riv/strany	49
http://linked.open...avai/riv/aktivita	P
http://linked.open...avai/riv/aktivity	P(GA402/99/0980)
http://linked.open...iv/cisloPeriodika	16
http://linked.open...vai/riv/dodaniDat	2003
http://linked.open...aciTvurceVysledku	Moravanský, Dalibor
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Masarykova univerzita / Ekonomicko-správní fakulta
http://linked.open...dnocenehoVysledku	666859
http://linked.open...ai/riv/idVysledku	RIV/00216224:14560/02:00006435
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Theoretical consistency, domain of applicability, flexible functional forms, Shephard lemma, Roy identity, indirect utility function, expenditure function,demand functions, TRANSLOG, generalized Leontief (en)
http://linked.open.../riv/klicoveSlovo	Roy identity Shephard lemma TRANSLOG Theoretical consistency demand functions domain of applicability expenditure function flexible functional forms generalized Leontief indirect utility function
http://linked.open...odStatuVydavatele	CZ - Česká republika
http://linked.open...ontrolniKodProRIV	[CA09BE955E43]
http://linked.open...i/riv/nazevZdroje	Bulletin České ekonometrické společnosti
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	1 (xsd:int)
http://linked.open...ocetUcastnikuAkce	0 (xsd:int)
http://linked.open...nichUcastnikuAkce	0 (xsd:int)
http://linked.open...vavai/riv/projekt	Macroeconomic modelling of the Czech economy: effect of monetary policy and growth
http://linked.open...UplatneniVysledku	2002
http://linked.open...v/svazekPeriodika	2002
http://linked.open...iv/tvurceVysledku	Moravanský, Dalibor
issn	1212-074X
number of pages	22 (xsd:int)
http://localhost/t...ganizacniJednotka	14560

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