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Energy Substitutability in Canadian Manufacturing Econometric Estimation with Bootstrap Confidence Intervals
Ghazal, Reza; Dissou, Yazid - 2014
This study provides estimates of the price and orishima substitution elasticities between energy and non-energy inputs … in two Canadian energy-intensive manufacturing industries: Primary Metal and Cement. The elasticities are estimated using … capital, labour, material and energy are pairwise substitutes and that energy is the most substitutable input. However, the …
Persistent link: https://www.econbiz.de/10014200799
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Economies of Scale in the Canadian Food Processing Industry
Gervais, Jean-Philippe; Bonroy, Olivier; Couture, Steve - Volkswirtschaftliche Fakultät, … - 2006
Cost functions for three Canadian manufacturing agri-food sectors (meat, bakery and dairy) are estimated using provincial data from 1990 to 1999. A translog functional form is used and the concavity property is imposed locally. The Morishima substitution elasticities and returns to scale...
Persistent link: https://www.econbiz.de/10005787112
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A province-level analysis of economies of scale in Canadian food processing
Gervais, J.P.; Bonroy, O.; Couture, S. - Laboratoire d'Économie Appliquée de Grenoble, … - 2007
Cost functions of three Canadian food processing sectors (meat, bakery and dairy) are estimated using provincial data. A translog functional form is used and the concavity property of the cost function is imposed locally. The Morishima substitution elasticities and scale elasticities are...
Persistent link: https://www.econbiz.de/10005464646
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INNOVATION AND TECHNOLOGICAL EVOLUTION IN A WESTERN EUROPEAN COUNTRY – THE CASE OF PORTUGAL
Manso, Jose Ramos Pires - EconWPA - 2003
The paper speaks of the technological evolution using a translog cost function for a western European country – Portugal. It begins by presenting the methodological framework, the estimation process based on the iterative Zellner method to estimate systems of seemingly unrelated regression...
Persistent link: https://www.econbiz.de/10005556344
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Estimation of demand systems based on elasticities of substitution
Coloma, Germán - 2006
This paper develops a model for demand-system estimations, whose coefficients are own-price Marshallian elasticities and elasticities of substitution between goods. The model satisfies the homogeneity, symmetry and, eventually, adding-up restrictions implied by consumer theory, and is primarily...
Persistent link: https://www.econbiz.de/10010323124
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Estimation of Substitution Elasticities in Three-Factor Production Functions : Identifying the Role of Energy
Frieling, Julius - 2017
more flexible specifications and for small data samples. We evaluate the role of energy inputs in an aggregate production … estimates upwards. The estimated low elasticity means that energy availability is a potentially limiting factor for growth and … that productivity gains for capital and labor are energy-using …
Persistent link: https://www.econbiz.de/10012969601
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Elasticity of substitution and the slowdown of Italian productivity
Federici, Daniela; Saltari, Enrico - Dipartimento di Economia e Diritto, Facoltà di Economia - 2014
The aim of this paper is to investigate the roots of the slowdown in the Italian total factor productivity (TFP). The analysis focusses on the specific pattern of technical progress in determining the dynamics of the TFP. This analysis can not be done with Cobb—Douglas technology but...
Persistent link: https://www.econbiz.de/10011271504
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Estimation of Demand Systems Based on Elasticities of Substitution
Coloma, German - 2007
This paper develops a model for demand-system estimations, whose coefficients are own-price Marshallian elasticities and elasticities of substitution between goods. The model satisfies the homogeneity, symmetry and, eventually, adding-up restrictions implied by consumer theory, and is primarily...
Persistent link: https://www.econbiz.de/10014049369
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Estimation of demand systems based on elasticities of substitution
Coloma, Germán - Universidad del CEMA - 2006
This paper develops a model for demand-system estimations, whose coefficients are own-price Marshallian elasticities and elasticities of substitution between goods. The model satisfies the homogeneity, symmetry and, eventually, adding-up restrictions implied by consumer theory, and is primarily...
Persistent link: https://www.econbiz.de/10005668774
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Elasticity of substitution and technical progress: Is there a misspecification problem?
Saltari, Enrico; Federici, Daniela - Volkswirtschaftliche Fakultät, … - 2013
In Saltari et al. (2012, 2013) we estimated a dynamic model of the Italian economy. The main result of those papers is that the weakness of the Italian economy in the last two decades is due to the total factor productivity slowdown. In those models the information and communication technology...
Persistent link: https://www.econbiz.de/10011109579