Structure function — the series
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The one exact result
Almost nothing in turbulence follows from the equations without a model in it. One thing does — Kolmogorov's four-fifths law, which fixes the third moment of the velocity differences at −(4/5)εr with no adjustable constant anywhere in it. The companion two-thirds law is not exact, and the 4.02 everybody quotes in it turns out to be a gamma function.
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The fraction that is really four thirds
Turbulence has two exact results, not one. The second is about a scalar carried by the flow, its constant is four thirds rather than four fifths, and the difference between the two fractions has nothing in it about turbulence at all — it is the price of writing a three-component object in terms of one component.
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A relation with no turbulence in it
Isotropy and incompressibility alone fix the transverse structure function from the longitudinal one. Divide the relation through and it says the ratio of the two is one plus half the local slope — so the exponent everybody measures as 0.70 and the ratio everybody measures as 1.35 are one measurement, and a model spectrum with no intermittency in it produces both.
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At higher orders the bottleneck hides intermittency
At second order the spectral bottleneck makes a field with no intermittency look intermittent. At higher orders it does the opposite. Every moment's local slope is steepened by the same finite-Reynolds-number excess, multiplied by half the order, while the intermittency correction pulls the other way. At a laboratory Reynolds number a fitted sixth-order exponent therefore shows less than two-thirds of the anomaly the field carries, and a fourth-order one less than a quarter.