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The translog cost function is used to analyze import demand for wheat differentiated by class and country of origin in the Japanese wheat flour milling industry. Results indicate that U.S. wheat faces strong competition in the Japanese wheat market, but its multiple classes and end-use...
Persistent link: https://www.econbiz.de/10005807366
This study applies a translog cost function to analyze factor demands in four U.S. wheat production regions. The results show that factor demands are inelastic across all regions. The interdependent relationships among inputs and the effects of price changes on the relative cost shares are...
Persistent link: https://www.econbiz.de/10005536502