Results 141 to 150 of about 482 (177)
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Energy demand models based on the translog and CES functions
Energy, 1981Abstract The translog function is a flexible form but does not have good global properties. The CES function has good global properties but is not a flexible form. For energy demand models that should be valid in a large domain, global properties are important. The translog function provides a second-order approximation to the cost function, a first-
David B. Reister, James A. Edmonds
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On the Estimation of Factor Substitution in the Translog Model
The Review of Economics and Statistics, 1987The conventional approach to computation of the Allen partial elasticities of substitution (AES) in the framewo rk of the translog production function requires to estimate a set of multivariate input-demand functions. This paper proposes an alternati ve way to compute the AESs, requiring only to estimate elasticities v ia a truncated, single cost-share
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A translog demand model for inherited traits in aquacultured catfish
Aquaculture Economics & Management, 2001Abstract Manipulation of physical traits of catfish body form has the potential to change the relative quantities of different final product forms. Some of these forms will have higher value to consumers, resulting in higher profits for producers. Advances in genetic research will allow more effective manipulation of physical traits of aquacultured ...
Terrill Hanson +2 more
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Structural Estimation of a Flexible Translog Gravity Model [PDF]
, 2012 How large are the gains from trade? Do all trade models have the ‘same old gains’? Arkolakis, Costinot, and Rodriguez-Clare (2012) show that many quantitative trade models that summarize trade responses via a single elasticity have the same welfare implications.
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Parametrizing nonparametric translog models: A goal programming/constrained regression study of U.S. manufacturing [PDF]
Empirical Economics, 1999 This paper demonstrates how Goal Programming/Constrained Regression can be used for cross-checking results from standard econometric models as well as a stand alone methodology in empirical production analysis. For illustration, we re-examine Berndt and Wood's (BW) seminal study of the U.S. manufacturing industry.
Houshmand Ziari, Azzeddine Azzam
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Translog model based on the analysis of China's auto industry returns to scale
2010 International Conference on Management Science & Engineering 17th Annual Conference Proceedings, 2010Using the data of time sequence from 2000 to 2006 of Chinese automobile industry, we can divide the factors of influencing scale returns of automobile industry into three aspects : skilled workers, non-skilled workers and capital. Then making an assessment of Translog production function model of automobile industry by building it and trying to get the
Qiu Ji-zhou, Yang Zhuo-qun, Ma Ming
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Aggregation biases in production functions: a panel data analysis of Translog models
Research in Economics, 2004Abstract The value of panel data for micro-units in exploring aggregated relationships empirically is substantial, since such data are not only useful for estimation at both the micro- and the macro-level, but also allow comparison of properties of relationships aggregated formally from the micro-level with those resulting from aggregation by analogy
Erik Biørn, Terje Skjerpen
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Modelling technical and allocative inefficiency in a translog production function
Economics Letters, 1989zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Resources and Energy, 1982
Abstract The use of translog cost functions to represent the cost of production and/or the cost of energy has become quite commonplace in the last few years. Increasingly, the econometric results of such production/energy studies are being used for policy analysis.
Robert N. McRae, Alan R. Webster
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Abstract The use of translog cost functions to represent the cost of production and/or the cost of energy has become quite commonplace in the last few years. Increasingly, the econometric results of such production/energy studies are being used for policy analysis.
Robert N. McRae, Alan R. Webster
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The Bangladesh Development Studies, 1982
The Translog cost function extimation approach has been used in this paper, to estimate important industrial policy parameters. The translog approach differs from the more frequently used techniques viz, the generalized Cobb-Dauglas production function (C0D) approach and the Constant Elasticity of Substitution (CES or ACMS) approach, in that ...
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The Translog cost function extimation approach has been used in this paper, to estimate important industrial policy parameters. The translog approach differs from the more frequently used techniques viz, the generalized Cobb-Dauglas production function (C0D) approach and the Constant Elasticity of Substitution (CES or ACMS) approach, in that ...
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