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Modeling producer behavior by using the third-order translog cost function

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The translog growth model

Journal of Macroeconomics, 2010
Abstract The macroeconomic growth equation based on the Solow model with translog technology is derived and compared to Wicksell–Cobb–Douglas. Both the basic model with physical capital and the augmented model with physical and human capital are presented.
Stein Østbye
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Modeling allocative inefficiency in a translog cost function and cost share equations: An exact relationship

Journal of Econometrics, 1997
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Subal Kumbhakar
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Energy price shocks, input substitution and developmental implications: A translog model applied to Fiji

Journal of the Asia Pacific Economy, 1998
Abstract The extensive use of energy inputs in the production process will have serious implications on foreign exchange earnings if energy inputs are solely imported. This has been the case of the Fijian economy. Furthermore, the situation is expected to deteriorate further in periods of energy price fluctuation if the price elasticity of demand for ...
Mahendra Reddy, John F. Yanagida
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Labour inputs substitution during corporate restructuring: a translog model approach for US freight railroads

Applied Economics, 2013
This is an Accepted Manuscript of an article published by Taylor & Francis in APPLIED ECONOMICS on 20/04/2012, available online: https://doi.org/10.1080/00036846.2012 ...
Laura Padilla Angulo
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Application of the translog model of energy substitution to developing countries

Energy Economics, 1988
Bong Chin Kim, Walter C. Labys
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Confidence Intervals for Elasticity Estimators in Translog Models

The Review of Economics and Statistics, 1986
This paper examines the distribution fu nctions of elasticity estimators in translog demand models. The authors consider the normaland ratio-of-normals distributions and present confidence intervals for the elasticity estimators. The results suggest that only elasticity estimato rs based on the means of the actual cost shares are likely to follow ...
Anderson, Richard G, Thursby, Jerry G
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Dual Second‐ and Third‐Order Translog Models of Production

American Journal of Agricultural Economics, 1991
AbstractMonte Carlo evidence indicates that translog cost and profit models are generally incapable of accurately characterizing the underlying production technology. In order to discriminate between tracking difficulties caused by truncation of important high‐order terms and errors in variable bias, Monte Carlo experiments are performed with secondand
Paul J. Driscoll, Richard Boisvert
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A translog cost model of the bulk shipping industry

Transportation Planning and Technology, 1987
Data weaknesses coupled with the lack of a rigorous modelling framework have limited detailed, econometric analysis of international shipping costs. By combining cross‐sectional survey data with simulated variables this article examines the cost functions associated with bulk carrier and tanker operations.
S. R. Tolofari, K. J. Button, D. E. Pitfield   +2 more
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Homogeneity Restrictions on the Translog Cost Model: A Note

The Journal of Finance, 1986
BENSTON, HANWECK, AND HUMPHREY (BHH) [1] first applied the translog cost model to empirical analyses of depository institutions' cost characteristics. Subsequent studies by Benston, Berger, Hanweck, and Humphrey (BBHH) [2], Murray and White [7], Gilligan and Smirlock [4], and Gilligan, Smirlock, and Marshall (GSM) [5] have employed this type of ...
Asghar Zardkoohi, Nanda Rangan, James Kolari   +2 more
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