Production Economics: A Dual Approach to Theory and Applications

Production Economics: A Dual Approach to Theory and Applications PDF Author: Melvyn Fuss
Publisher: Elsevier
ISBN: 148325903X
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. The selection first ponders on duality, intermediate inputs and value-added, Hicks' aggregation theorem and the existence of a real value-added function, and homotheticity and real value-added in Canadian manufacturing. Discussions focus on real value-added and the production structure, estimation of the production structure, double deflation and real value-added, measurement of total productivity, and duality between direct and conditional indirect utility functions. The book then examines the estimation techniques for the elasticity of substitution and other production parameters and measurement of the elasticity of factor substitution and bias of technical change. The publication takes a look at the identification of technical change in the electricity generating industry, factor substitution in electricity generation, and the effectiveness of rate-of-return regulation. Topics include statistical tests of regulatory effectiveness, profit function for a regulated firm, tests of the structure of technology, identification problems in the measurement of technical change, and measurement of disembodied technical change. The selection is a valuable source of information for economists and researchers interested in production economics.

Production Economics: A Dual Approach to Theory and Applications

Production Economics: A Dual Approach to Theory and Applications PDF Author: Melvyn Fuss
Publisher: Elsevier
ISBN: 148325903X
Category : Business & Economics
Languages : en
Pages : 361

Get Book

Book Description
Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. The selection first ponders on duality, intermediate inputs and value-added, Hicks' aggregation theorem and the existence of a real value-added function, and homotheticity and real value-added in Canadian manufacturing. Discussions focus on real value-added and the production structure, estimation of the production structure, double deflation and real value-added, measurement of total productivity, and duality between direct and conditional indirect utility functions. The book then examines the estimation techniques for the elasticity of substitution and other production parameters and measurement of the elasticity of factor substitution and bias of technical change. The publication takes a look at the identification of technical change in the electricity generating industry, factor substitution in electricity generation, and the effectiveness of rate-of-return regulation. Topics include statistical tests of regulatory effectiveness, profit function for a regulated firm, tests of the structure of technology, identification problems in the measurement of technical change, and measurement of disembodied technical change. The selection is a valuable source of information for economists and researchers interested in production economics.

Production economics: a dual approach to theory and applications. 2. Applications of the theory of production

Production economics: a dual approach to theory and applications. 2. Applications of the theory of production PDF Author: Melvyn Fuss
Publisher:
ISBN: 9780444850133
Category :
Languages : en
Pages : 338

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Book Description


Production Economics

Production Economics PDF Author:
Publisher:
ISBN:
Category : Production (Economic theory)
Languages : en
Pages :

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Book Description


Production Economics

Production Economics PDF Author: Melvyn A. Fuss
Publisher:
ISBN:
Category : Production (Economic theory)
Languages : en
Pages :

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Book Description


Production Economics

Production Economics PDF Author: Melvyn Fuss
Publisher: Elsevier Science & Technology
ISBN: 9780444850126
Category : Business & Economics
Languages : en
Pages : 512

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Book Description


The Routledge Handbook of Agricultural Economics

The Routledge Handbook of Agricultural Economics PDF Author: Gail L. Cramer
Publisher: Routledge
ISBN: 1317225759
Category : Business & Economics
Languages : en
Pages : 1026

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Book Description
This Handbook offers an up-to-date collection of research on agricultural economics. Drawing together scholarship from experts at the top of their profession and from around the world, this collection provides new insights into the area of agricultural economics. The Routledge Handbook of Agricultural Economics explores a broad variety of topics including welfare economics, econometrics, agribusiness, and consumer economics. This wide range reflects the way in which agricultural economics encompasses a large sector of any economy, and the chapters present both an introduction to the subjects as well as the methodology, statistical background, and operations research techniques needed to solve practical economic problems. In addition, food economics is given a special focus in the Handbook due to the recent emphasis on health and feeding the world population a quality diet. Furthermore, through examining these diverse topics, the authors seek to provide some indication of the direction of research in these areas and where future research endeavors may be productive. Acting as a comprehensive, up-to-date, and definitive work of reference, this Handbook will be of use to researchers, faculty, and graduate students looking to deepen their understanding of agricultural economics, agribusiness, and applied economics, and the interrelationship of those areas.

Research traditions in marketing

Research traditions in marketing PDF Author: Gilles Laurent
Publisher: Springer Science & Business Media
ISBN: 9401114021
Category : Business & Economics
Languages : en
Pages : 459

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Book Description
Divergence: A Source of Creative Thinking The outstanding job accomplished by Bernard, Gary, and Gilles is really praiseworthy: not only did they succeed in completing within a remark ably short span of time the editing of the contributions to the conference that marked the 20th Anniversary of the European Institute for Ad vanced Studies in Management; they have also managed to elicit numerous insightful comments from a host of dashing young scholars as well as from the fortunate few established authorities whose findings have long be come leading articles in the best academic journals, who now chair those journals' editorial boards, and after whom great scientific awards have been named. In so doing, our dedicated triumvirate has blended together pieces of diverse research traditions-some of them quite puzzling-and mixed significantly differentiated styles of expression. The controversial display of self-confidence by some distinguished colleagues, the amazingly emo tional "good old" memories revived by their peers, the scapegoat-finding and moralizing confessions produced by some of their disciples together with the detached systematic rigidity of some others all combine to pro duce a multivarious patchwork that may well prove the existence of a marketing scholar lifecycle. This cartoon-like four-class typology might even make it worth the reader's while to indulge in some guesswork to discover the sequence of the four stages as an exercise and then partition the author population accordingly.

Theory of Technical Change and Economic Invariance

Theory of Technical Change and Economic Invariance PDF Author: Ryuzo Sato
Publisher: Academic Press
ISBN: 148327649X
Category : Business & Economics
Languages : en
Pages : 458

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Book Description
Theory of Technical Change and Economic Invariance: Application of Lie Groups presents the economic invariance problems observable behavior under general transformations such as taste change or technical change. This book covers a variety of topics in economic theory, ranging from the analysis of production functions to the general recoverability problem of optimal dynamic behavior. Organized into nine chapters, this book begins with an overview of the theory of observable behavior by analyzing the invariant relationships among economic variables. This text then examines the Lie group theory which provides one of the most efficient methods of studying invariance properties. Other chapters consider the analysis of exogenous technical change, a process partly due to dynamic market forces of supply and demand. This book discusses as well the topics closely related to parametric changes under Lie groups and related transformations. The final chapter deals with mathematical foundations of the theory of observable market behavior. This book is a valuable resource for economists.

Advances in Efficiency and Productivity

Advances in Efficiency and Productivity PDF Author: Juan Aparicio
Publisher: Springer
ISBN: 3319484613
Category : Business & Economics
Languages : en
Pages : 415

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Book Description
This book grows from a conference on the state of the art and recent advances in Efficiency and Productivity. Papers were commissioned from leading researchers in the field, and include eight explorations into the analytical foundations of efficiency and productivity analysis. Chapters on modeling advances include reverse directional distance function, a new method for estimating technological production possibilities, a new distance function called a loss distance function, an analysis of productivity and price recovery indices, the relation of technical efficiency measures to productivity measures, the implications for benchmarking and target setting of imposing weight restrictions on DEA models, weight restrictions in a regulatory setting, and the Principle of Least Action. Chapters on empirical applications include a study of innovative firms that use innovation inputs to produce innovation outputs, a study of the impact of potential “coopetition” or cooperation among competitors on the financial performance of European automobile plants, using SFA to estimate the eco-efficiency of dairy farms in Spain, a DEA bankruptcy prediction model, a combined stochastic cost frontier analysis model/mixture hazard model, the evolution of energy intensity in nine Spanish manufacturing industries, and the productivity of US farmers as they age.

Domesday Economy

Domesday Economy PDF Author: John McDonald
Publisher: Oxford University Press
ISBN: 0198285248
Category : Domesday book.
Languages : en
Pages : 257

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Book Description
For this volume, published on the 900th anniversary of the Domesday Book, the authors have used modern economic theory and statistical techniques to reappraise the information recorded in the Book, and reach some new conclusions about the economy of the period.