Derivation of the Hicks, or direct, elasticity of substitution from the input distance function

    Research output: Contribution to journalArticle

    Abstract

    I derive a new symmetric elasticity of complementarity from the input distance function by imposing a constant distance condition. Assuming technical efficiency and a single output, the Hicks elasticity of substitution is its reciprocal.
    Original languageEnglish
    Pages (from-to)349-351
    JournalEconomics Letters
    Volume108
    Issue number3
    DOIs
    Publication statusPublished - 2010

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