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Contemporary Production Theory, Duality, Elasticities of Substitution, the Translog Production Function and Agricultural Research

1985
The purpose of this publication is explore some of the implications of recent work dealing with duality, elasticities of substitution, and translog specifications of production functions for agricultural research. These theoretical developments have a broad-based applicability to research in production economics and demand analysis for agricultural ...
Debertin, David L., Pagoulatos, Angelos
openaire   +3 more sources

Inter-fuel substitution possibilities in South Africa: A translog production function approach

Energy, 2017
This study applies the translog production function to investigate technical change and energy substitution possibilities among petroleum, coal and electricity over the period 1980–2012. Ridge regression technique is introduced to correct for multicollinearity in the data.
Boqiang Lin, Philip Atsagli
openaire   +1 more source

Translog Normal - Half Normal Stochastic Frontier Production function–An application to Turmeric Production

International Journal of Mathematics Trends and Technology, 2014
The success of business at the farm level mainly depends on the Technical efficiency (TE) of the farm. There are evidences that several farms do not realize the full potential of technology due to factors such as their managerial skills and differences in production environments.
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Aggregation biases in production functions: a panel data analysis of Translog models

Research in Economics, 2004
Abstract 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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Approximation Properties and Estimation of the Translog Production Function with Panel Data

2000
This paper provides a general theoretical and methodological framework for the estimation of the translog production function using panel data. The estimation is carried out using generalised least squares estimator (random-effects model) under different maintained hypotheses for the underlying production technology. Our empirical results indicate that
Tzouvelekas, Evaggelos   +1 more
openaire   +3 more sources

Application of translog function to productivity estimation in Imo State, Nigeria

International Journal of Agriculture and Rural Development, 2006
The objectives of the study are to evaluate the impact of technology on productivity, and identify the factors limiting the use of improved agricultural technologies in Imo state, Nigeria. The study was carried out in Owerri and Orlu agricultural zones of the state. The method of systematic sampling was used in selecting the sample.
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Input substitution in Canadian manufacturing: An application of the CES-translog production function

Atlantic Economic Journal, 1988
Since the introduction of "A Theory of Production," by C. Cobb and P. H. Douglas in 1928, the investigation of substitution possibilities among different inputs into production has been the subject of numerous studies. There has been a revitalized interest in the study of production frameworks, with a special focus on the examination of the ...
James Brox   +2 more
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ESTIMATING EFFECTS OF AGRICULTURAL RESEARCH AND EXTENSION EXPENDITURES ON PRODUCTIVITY: A TRANSLOG PRODUCTION FUNCTION APPROACH

1984
The effects of agricultural research and extension expenditures on productivity in the United States are estimated during the period 1949-81 using data for ten production regions. The large time-series cross-sectional data base allows the translog production function to be estimated directly.
Lyu, Syu-Jyun Larry   +5 more
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Testing the Monotonicity and Curvature of a Translog Production Function with Spatial Autoregressive Dependence

SSRN Electronic Journal, 2013
In this paper we extend the tests of the monotonicity and concavity of a non-spatial translog production function to the case where there is spatial autoregressive dependence. The tests are then applied using data for 40 European countries over the period 1995-2008.
Anthony Glass, Karligash Kenjegalieva
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Estimate of the elasticities of substitution of the CES and translog production functions in Tunisia

International Journal of Economics and Business Research, 2015
On the basis of the CES and translog production functions, this study compares the degrees of capital-labour substitution of a developing country. In order to change the tradition of some modellers, we try to present estimates of substitution elasticity caused by these two production functions applied to the Tunisian economy.
Kamel Helali, Maha Kalai
openaire   +1 more source

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