Australian coal mining: Estimating technical change and resource rents in a translog cost function
作者： Paula Haslehurst , Paul Azzalini , Harry Bloch
DOI:
关键词: Technical change 、 Variable (computer science) 、 Economics 、 Function (engineering) 、 Coal 、 Economic rent 、 Resource (project management) 、 Coal mining 、 Natural resource economics 、 Cost reduction
摘要: This paper estimates a translog cost function for the Australian coal industry from 1968 to 2001. We use variable measuring shift open-pit mining capture impact of technical change, while using time trend resource exhaustion. The is estimated with Zellner's SUR procedure. Technical change significant in lowering cost, but over this reduction has been largely offset by
curtin.edu.au参考文章(13)
Ronald P. Steenblik, Modelling the long-run supply of coal Springer Netherlands. pp. 81- 103 ,(1992) , 10.1007/978-94-011-2334-1_6
S.P. Chakravarty, D. Hojman, An empirical analysis of productivity Resources Policy. ,vol. 8, pp. 125- 132 ,(1982) , 10.1016/0301-4207(82)90029-0
Ronald William Shephard, Cost and production functions ,(1953)
A.P. Barten, Maximum likelihood estimation of a complete system of demand equations European Economic Review. ,vol. 1, pp. 7- 73 ,(1969) , 10.1016/0014-2921(69)90017-8
Laurits R. Christensen, Dale W. Jorgenson, Lawrence J. Lau, Transcendental Logarithmic Production Frontiers The Review of Economics and Statistics. ,vol. 55, pp. 28- 45 ,(1973) , 10.2307/1927992
Preference, production, and capital: Duality principles in the theory of cost and production International Economic Review. ,vol. 5, pp. 216- ,(1964) , 10.1017/CBO9780511664496.006
Charles Beach, Ernst R. Berndt, The Practice of Econometrics: Classic and Contemporary The Canadian Journal of Economics. ,vol. 26, pp. 750- ,(1993) , 10.2307/135901
Arnold Zellner, An Efficient Method of Estimating Seemingly Unrelated Regressions and Tests for Aggregation Bias Journal of the American Statistical Association. ,vol. 57, pp. 348- 368 ,(1962) , 10.1080/01621459.1962.10480664
Jean-Paul Chavas, Applied Production Analysis: A Dual Approach ,(1988)
Alice Nakamura, Ernst R. Berndt, The Practice of Econometrics: Classic and Contemporary. Journal of the American Statistical Association. ,vol. 87, pp. 1240- ,(1992) , 10.2307/2290668