Production Economics A Dual Approach To Theory And Applications 2 Applications Of The Theory Of Production
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| Author | : Melvyn Fuss |
| Publisher | : Elsevier |
| Total Pages | : 361 |
| Release | : 2014-06-28 |
| Genre | : Business & Economics |
| ISBN | : 148325903X |
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.
| Author | : Gail L. Cramer |
| Publisher | : Routledge |
| Total Pages | : 806 |
| Release | : 2018-07-17 |
| Genre | : Business & Economics |
| ISBN | : 1317225767 |
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.
| Author | : |
| Publisher | : |
| Total Pages | : 464 |
| Release | : 1984 |
| Genre | : Fisheries |
| ISBN | : |
| Author | : David M. Kreps |
| Publisher | : Princeton University Press |
| Total Pages | : 583 |
| Release | : 2013 |
| Genre | : Business & Economics |
| ISBN | : 0691155836 |
Provides a rigorous treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these tools.
| Author | : Christos Frangos |
| Publisher | : Christos Frangos |
| Total Pages | : 595 |
| Release | : 2009 |
| Genre | : Business & Economics |
| ISBN | : 9609873901 |
| Author | : |
| Publisher | : |
| Total Pages | : 300 |
| Release | : 1991 |
| Genre | : Agriculture and state |
| ISBN | : |
| Author | : Ryuzo Sato |
| Publisher | : Academic Press |
| Total Pages | : 458 |
| Release | : 2014-05-10 |
| Genre | : Business & Economics |
| ISBN | : 148327649X |
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.
| Author | : J. R. Butler |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 403 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 9401101795 |
Hospital Cost Analysis provides an overview of theoretical developments in the economic analysis of production and costs in the multiproduct firm, and discusses these developments. Following a lucid explanation of the concepts of jointness, input/output separability and returns to scale, a detailed discussion of the concept measurement and classification of hospital output is provided. A fundamental dilemma confronting economists interested in estimating hospital cost functions is highlighted, viz. the trade-off between flexibility in functional form and homogeneity within hospital output categories. Empirical results on the effects of case mix, scale and utilisation, public/private ownership, and the centralised administration of hospital systems on hospital costs are presented. The implications of hospital cost analysis for public policy with respect to hospital payment schemes, including schemes based on Diagnosis Related Groups (DRGs), are also considered. This book brings together the literature on hospital cost analysis with theoretical developments in the analysis of the multiproduct cost functions. It will be of considerable interest to teachers and students of health economics and health policy advisers interested in the determinants of hospital costs and the design of hospital payment schemes.
| Author | : Dale Jorgenson |
| Publisher | : Elsevier |
| Total Pages | : 576 |
| Release | : 2016-01-26 |
| Genre | : Business & Economics |
| ISBN | : 1483295877 |
Between 1948 and 1979, economic activity in the United States increased almost twice as much as over the entire preceding course of American history. The traditional explanation of this remarkable development emphasizes productivity growth. In the most sophisticated study to date of the factors currently affecting economic growth, the authors of this book show that capital formation is far more important, with the growth of labor resources and productivity a distant second. Their conclusions rest on a far more detailed empirical base than any ever assembled in studies of economic growth. For example, the authors distinguish among 81,600 types of labor input – broken down by age, sex, education, occupation, and industry of employment. Similarly, they disaggregate capital by industry, class of asset, and tax treatment. Their analysis of economic growth is from the ``bottom up'' rather than the ``top down'' approach used in earlier work. The new findings imply that efforts to revive U.S. economic growth must focus on increased supplies of capital and labor inputs. This is the key to more rapid growth and international competition.One of the most important features of the book is the way in which it successfully integrates the theory of producer behavior with the indexing and measurement of production growth. The authors present startling new findings showing that less than one-fourth of overall growth is attributable to advances in productivity.
| Author | : Robin C. Sickles |
| Publisher | : Cambridge University Press |
| Total Pages | : 631 |
| Release | : 2019-03-28 |
| Genre | : Business & Economics |
| ISBN | : 110703616X |
Provides a comprehensive approach to productivity and efficiency analysis using economic and econometric theory.
