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Production possibility frontier analysis of biodiesel from waste cooking oil
Energy Policy, 2013Abstract This paper presents an assessment of the productive efficiency of an advanced biodiesel plant in Japan using Data Envelopment Analysis (DEA). The empirical analysis uses monthly input data (waste cooking oil, methanol, potassium hydroxide, power consumption, and the truck diesel fuel used for the procurement of waste cooking oil) and output ...
Shigemi Kagawa +3 more
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Linking the Keynesian Cross and the Production Possibilities Frontier
The Journal of Economic Education, 1995This artidc shows how linking the Keynesian cross and the production possibilities frontier can yield worthwhile results while maintaining analytical simplicity. It demonstrates how this particular blend of Keynesian and classical tools can show the scope and limitations of each and provide the basis for teaching about other schools of macroeconomic ...
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The production possibility frontier (PPF)
2019This chapter examines the production possibility frontier (PPF), which shows the maximum output that can be produced in an economy at any given moment, given the resources and technology available. It looks at the factors that determine how much an economy can produce and the implications of different output decisions.
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Building a Smooth Production Possibilities Frontier: A Classroom Experiment
SSRN Electronic Journal, 2005I present a simple and easy-to-prepare classroom experiment to make the concept of increasing opportunity cost easier to understand. Also, the exercise is designed to make a clear link between this concept and the shape of the Production Possibilities Frontier. The results show a clear understanding of the concept.
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Production possibility frontiers for a cis-lunar transportation system
Acta Astronautica, 1989Abstract A cis-lunar transportation system (CLTS) can be designed to provide combinations of two services: lunar export and lunar import. The set of all such combinations is called the production possibility frontier (PPF), which in turn is a familiar concept from micro-economics.
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The Canadian Journal of Economics, 1992
The production-possibility frontier is strictly concave and negatively sloped if two commodities are produced according to linearly homogeneous, strictly quasi-concave production functions that use, with different intensities, two factors of production that are available in fixed supply. In this paper it is shown that any arbitrary, concave, negatively
Richard Manning, James R. Melvin
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The production-possibility frontier is strictly concave and negatively sloped if two commodities are produced according to linearly homogeneous, strictly quasi-concave production functions that use, with different intensities, two factors of production that are available in fixed supply. In this paper it is shown that any arbitrary, concave, negatively
Richard Manning, James R. Melvin
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The Journal of Economic Education, 2011
The authors develop a new classroom experimental game to illustrate environmental issues by using the production-possibility frontier in an introductory economics course. Waste evolves as a byproduct of the production of widgets. Environmental cleanup is produced by reallocating scarce resources away from the production of the dirty good.
Nancy Carson, Panagiotis Tsigaris
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The authors develop a new classroom experimental game to illustrate environmental issues by using the production-possibility frontier in an introductory economics course. Waste evolves as a byproduct of the production of widgets. Environmental cleanup is produced by reallocating scarce resources away from the production of the dirty good.
Nancy Carson, Panagiotis Tsigaris
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A Flexible, Globally Regular Representation of Convex Production Possibilities Frontiers
Journal of Productivity Analysis, 1999This note describes how a convex N-input-M -output production possibility frontier can be locally approximated by means of a flexible Nonseparable Nested Constant-Elasticity-of-Substitution/Constant-Elasticity-of-Transformation (NNCES-CET) restricted profit function.
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A Note on the Production Possibility Frontier with Pure Public Intermediate Goods
The Canadian Journal of Economics, 1986Some recent studies have shown that certain forms of production functions satisfy the convexity of the production set in the presence of pure public intermediate goods. This note permits a broader form of the production functions to reach the same result and further investigates the condition for the production surface to contain a flat portion.
Kenzo Abe +2 more
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Biodiversity and Timber in the Coast Range of Oregon: Inside the Production Possibility Frontier
Land Economics, 2003This study attempts to bridge the gap between studies that model cost-effective land management for single species and studies that model large sets of species or biodiversity. We estimated a production possibility frontier for biodiversity and timber production using simulated annealing for a study area in the Coast Range of Oregon. The model produced
Mark E. Lichtenstein +1 more
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