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Title: Nonparametric analysis of multi-output production with joint inputs
Authors: Cherchye, Laurens ×
Demuynck, Thomas
De Witte, Kristof
De Rock, Bram #
Issue Date: 2014
Series Title: The Economic Journal vol:124 issue:577 pages:735-775
Abstract: We focus on analysing cost minimising production behaviour in multi-output settings. We distinguish between two approaches for modelling the use of joint inputs. The cooperative approach assumes cost minimisation at the aggregate firm level, while the non-cooperative approach assumes cost minimisation at the level of the individual output division. Our framework extends the existing non-parametric framework for analysing single output production. An empirical application to the English and Welsh drinking water and sewerage sector shows the practical usefulness of our framework. Specifically, we compare the empirical validity of the cooperative and non-cooperative models for describing the observed production behaviour.
ISSN: 0013-0133
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center of Public Economics, Leuven
Department of Economics, Leuven - miscellaneous
Faculty of Business and Economics, Campus Kulak Kortrijk – miscellaneous
Teacher Training, Faculty of Economics and Business, Leuven
Mathematics, Campus Kulak Kortrijk
Mathematics - miscellaneous
× corresponding author
# (joint) last author

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