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Production Economics: A Dual Approach to Theory and Applications: Applications of the Theory of Production
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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.
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.
Related to Production Economics
Titles in the series (26)
Production Economics: A Dual Approach to Theory and Applications: Applications of the Theory of Production The Fix-Point Approach to Interdependent Systems Rating: 0 out of 5 stars0 ratingsStabilization Policy in France and the Federal Republic of Germany Rating: 0 out of 5 stars0 ratingsThe Perception of Poverty Rating: 0 out of 5 stars0 ratingsGlobal International Economic Models: Selected Papers from an IIASA Conference Rating: 0 out of 5 stars0 ratingsRivalrous Consonance: A Theory of General Oligopolistic Equilibrium Rating: 0 out of 5 stars0 ratingsEssays in the Economics of Exhaustible Resources Rating: 0 out of 5 stars0 ratingsSocial Choice and Welfare Rating: 0 out of 5 stars0 ratingsPrice Expectations in Rising Inflation Rating: 0 out of 5 stars0 ratingsProduction, Multi-Sectoral Growth and Planning: Essays in Memory of Leif Johansen Rating: 0 out of 5 stars0 ratingsPlans and Disequilibria in Centrally Planned Economies: Empirical Investigations for Poland Rating: 0 out of 5 stars0 ratingsConsumer Durable Choice and the Demand for Electricity Rating: 0 out of 5 stars0 ratingsMacroeconomic Impacts of Energy Shocks Rating: 0 out of 5 stars0 ratingsFiltering and Control of Macroeconomic Systems: A Control System Incorporating the Kalman Filter for the Indian Economy Rating: 0 out of 5 stars0 ratingsMacroeconomic Modelling Rating: 0 out of 5 stars0 ratingsEconomic Shocks and Structural Adjustments: Turkey after 1973 Rating: 0 out of 5 stars0 ratingsThe Agro-Technological System towards 2000: A European Perspective Rating: 0 out of 5 stars0 ratingsMacroeconomic Medium-Term Models in the Nordic Countries Rating: 0 out of 5 stars0 ratingsA Basic Needs Policy Model: A General Equilibrium Analysis with Special Reference to Ecuador Rating: 0 out of 5 stars0 ratingsChanging Trade Patterns in Manufactured Goods: An Econometric Investigation Rating: 0 out of 5 stars0 ratingsDynamic Policy Games in Economics Rating: 0 out of 5 stars0 ratingsChallenges for Macroeconomic Modelling Rating: 0 out of 5 stars0 ratingsInternational Comparisons of Prices, Output and Productivity Rating: 0 out of 5 stars0 ratingsThe Political Economy of Social Security Rating: 0 out of 5 stars0 ratingsContingent Valuation: A Critical Assessment Rating: 0 out of 5 stars0 ratingsFundamentals of Ocean Renewable Energy: Generating Electricity from the Sea Rating: 0 out of 5 stars0 ratings
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