We compare and contrast two popular dynamic flexible functional forms for cost functions, the translog and the logit (Considine, 1990), using data on US industrial energy demand from 1960 to 1992 which has been analyzed by previous studies (Considine (1989) and Jones (1995)). We show the crucial role played by different dynamic formulations of the translog in this analysis of factor demands wit...

The subject of discussion is health care production functions. The parametric two-factor Cobb–Douglas and transcendental logarithmic (translog) production functions are frequently used. However, empirical and theoretical work has often questioned the validity of the parametric Cobb–Douglas and translog as a model for the production of health care. The aim of this study is to propose a new flexi...

Keywords: Jet aircraft Fuel price Operating cost Leontief technology Translog a b s t r a c t Investigation of the airline response to a fuel price increase is in effect an investigation of the role of variable interactions in aircraft cost models. We examine the impact of fuel price on aircraft costs and airline operational strategies by developing two classes of operating cost models for jet ...

Linden, M. and Leppänen, J. (Department of Business and Economics, University of Joensuu, Yliopistokatu 7, P.O. Box 111, FI-80101 Joensuu, Finland, and Finnish Forest Research Institute, Unioninkatu 40 A, FI-00170 Helsinki, Finland). Effects of public financed aid on private forest investments: some evidence from Finland, 1963 /2000. Received Oct. 17, 2003. Accepted Sep. 2, 2003. Scand. J. For....

abstract since about 34% of areas under rice cultivation in whole country is attributed to gilan; in this study we pay attention to some economical dimensions, especially economic values of inputs in this region. data were collected from 80 rice producers in 2007-2008. consider to importance the parametric approach in production structure and factors demand, applying seemingly unrelated regress...

The factors behind the increase in the relative wages of skilled workers in developing countries are still not well understood. The authors use data from Peru to analyze the determinants of withinindustry share of skilled workers. They use a translog cost function for gross output and are therefore able to incorporate the effects of materials, both domestic and imported, in addition to capital....

In this paper a model of dynamic factor demands is presented for the Irish economy. Total costs, labour and capital are modelled on a two-stage basis. First, a static, long-run cost function is specified which allows for the derivation of expressions for optimal labour and capital demand. This function is assumed to be of the flexible, translog form and thus more general than the generic Cobb-D...

in this paper, besides of studying and reviewing the theoretical analysis of the trade liberalization and industrial growth, the effect of trade liberalization on productivity in the industrial sector of the iran`s economy are investigated. in this study, a translog cost function and sur model for the period of 1974-2006 are used in order to evaluate the trade liberalization variable. at first,...

This study aims to analyze the development of input and output prices, translog profit function, elasticity demand for lowland rice farming inputs in Jambi Province. The function model used is Transcendental Logarithmic (Translog) function. results show that · prices has increased significantly every year. production factors affect profitability are price seeds, TSP fertilizer, other chemical f...

This work makes contributions regarding the knowledge of productive structure collective transport service in Mendoza Metropolitan Area (Argentina) during stage prior to a structural change its mobility system. The existence economies scale is studied through estimation translog cost function, using panel data for bus operating companies period 2005-2012. results this research show market that ...