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The Translog Cost Function and Import Demand: The Case of Mexico
Southern Economic Journal, 1994The purpose of this paper is to estimate for Mexico an aggregate transcendental logarithmic cost function which includes imports as a factor of production. The nature of Mexico's demand for imports will be given particular attention, since this relationship has implications for the outcomes of many government policies, including changing tariff rates ...
Lila J. Truett +2 more
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A Translog Cost Function Analysis of U.S. Agriculture, 1939–77
American Journal of Agricultural Economics, 1982AbstractThe translog cost function provides a convenient framework for analyzing U.S. agricultural production in a multioutput context. Treating crops and livestock as two distinct outputs, this study utilizes standard results of neoclassical duality theory to obtain measures of pairwise elasticities of substitution between inputs, price elasticities ...
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Translog Cost Function: An application for Bangladesh Agriculture
Asian Accounting and Auditing Advancement, 2011This study is concerned with factor substitution in Bangladesh agriculture. The translog cost function is used to study both substitutability and complementarity relationships between inputs. Using homothetic structure, the Allen partial elasticities of substitution (AES) is estimated to examine the nature of factor substitution among the four inputs ...
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Estimating an hedonic translog cost function for the home health care industry
Applied Economics, 1998Medicare home health care plays an important role in providing cost effective care for the chronically ill and elderly. Long seen as a cost effective substitute for nursing home care, home care has become even more important with expenditures increasing by 31.4% from 1990 to 1996.
Cynthia S. Dudzinski +2 more
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Investigating hospital efficiency in the new NHS: The role of the translog cost function
Health Economics, 1995AbstractThe reforms to the United Kingdom's National Health Service (NHS) of recent years have greatly increased the role of economic incentives in the hospital sector. Hospitals now have to compete for the business of GP and health authority purchasers and are assumed to have an incentive to minimise costs.
A, Scott, D, Parkin
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The energy rebound effect in China's light industry: a translog cost function approach
Journal of Cleaner Production, 2016Abstract China is in its industrialization and urbanization development stage, which requires strong energy support. With the largest population in the world, the energy endowment of China is relatively small. Therefore, energy conservation is one of the key tools for China's sustainable development and energy security.
Boqiang Lin, Peng Tian
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Translog Cost Functions: An Application for Mexican Manufacturing.
2007We use translog cost functions to estimate own-price and substitution elasticities of input demands, economies of scale and average costs in Mexican manufacturing. Data from the Mexican Annual Industrial Survey is used for 1996, 2000 and 2003. We show that a model that allows for nonhomotheticity and nonunitary elasticities of substitution is ...
Héctor Salgado Banda +1 more
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Journal of Econometrics, 1997
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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A translog cost function of the integrated air freight business: The case of FedEx and UPS
Transportation Research Part A: Policy and Practice, 2014Abstract This paper analyzes the cost structure of the integrated air freight business by means of a translog cost function. This allows to extend knowledge on the supply side and to examine if strategies of integrators are consistent with cost structure. The cost function is based on quarterly time-series data from 1990 to 2010 for FedEx and UPS.
Onghena, Evy +2 more
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Economics Letters, 1982
Abstract This note supplies approximate variance formulas for the Allen Partial Elasticities of Substitution estimated with a three-input translog cost function. These formulas are based on a first-order Taylors series approximation to the true but unknown variances.
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Abstract This note supplies approximate variance formulas for the Allen Partial Elasticities of Substitution estimated with a three-input translog cost function. These formulas are based on a first-order Taylors series approximation to the true but unknown variances.
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