How large are the gains from trade? Do all trade models have the ‘same old gains’? Arkolakis, Costinot, and Rodriguez-Clare (2012) show that many quantitative trade models that summarize trade responses via a single elasticity have the same welfare implications. I develop a flexible approach to estimating trade responses using a translog expenditure function, and find welfare results that diffe...

this study investigates issues on efficiency and elasticity of broiler production in peninsular malaysia. data from 296 broiler farms were subjected to sfa, dea and bootstrap methods for technical efficiency; translog and tobit regression analyses to estimate elasticity of production and determinants of efficiency respectively in broiler production. we found that farmers produce mean efficiency...

This paper investigates ESG from the perspective of changes in input elasticities substitution and complementarity. Rather than compute these cost function, we them Input Distance Function (IDF). Our data are Refinitiv Eikon Datastream database. We focus on US economy due to her global role world hence spillover effects uncertainties rest world. The consist 5,798 companies comprising 38 industr...

One of the most important effective factors in the economic growth is the increased efficiency of manufacturing sectors. Thus, it is necessary to review and measure the efficiency of business units from a variety of dimensions to plan the increase of efficiency in future courses. One of these dimensions is the economics to scale (ES) referring to the concept of enhanced earnings due to the incr...

The main objective of this paper is to evaluate the structure of the Iranian banking system and to measure the market power factor based on the Boone approach. In this paper, we investigated the Iranian organized money market, including 18 banks operating in the period of 2008-2015. To calculate the marginal cost (MC), we used a Translog Stochastic Frontier Cost Function. Findings based on the ...

This paper examines costs in the Swiss nursing home industry, an issue of concern to Swiss policy makers because of the explosion of elderly care costs and the aging of the population. The paper considers estimation of a translog cost function employing panel data for a sample of 36 nonprofit nursing homes operating in Ticino, a canton of Switzerland, over the period 1993-1995. Using a set of d...

technical and scale efficiencies of cotton farms, in khorasan province, were estimated through the parametric approach during the period 2000-2003. efficiency was estimated through stochastic translog frontier production function based on panel data. results indicated that technical efficiency wa rated as less than scale efficiency. means of technical and scale efficiency were found to be 63 an...

Abstract Background Farm productivity on smallholder family-owned crop farms remains low despite several interventions to transform agriculture especially in developing countries. Farmers rural areas face serious constraints that impede their productive capacities for the principal dietary staple, notably maize. Smallholder farmers have access unprofitable markets turn make enterprises less pro...

Abstract The agriculture of the Texas High Plains (THP) region is primarily dependent on groundwater irrigation. Changing weather patterns along with competing demands for water resources and other anthropogenic effects have dramatically increased withdrawals from Ogallala aquifer. In addition to on-farm changes, policy tools based off-farm mechanisms are equally indispensable in addressing sus...