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Showing 1 to 15 of 15 for “"PROFIT FUNCTION"”.
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Manufacturing in United States Metropolitan Areas: Estimation of the Profit Function and Policy Simulations
… the estimation of the manufacturing sector's profit function in metropolitan areas. It uses a more comprehensive data set than used previously. Further, several factors which have not been explicitly included before in related works are considered, such as city size, size of the manufacturing …
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The Risk-Adjusted Profit Function Measurement of Economies of Scale and Efficiency in Commercial Banking
… a subject of investigation in a number of cost function studies. The major problem with this approach appears to be the disagreement over which variable(s) would adequately represent bank 'output'. Previous results, therefore, have been sensitive to the output variable(s) used.
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ESTIMATION OF UNITED STATES IMPORT DEMAND AND EXPORT SUPPLY IN A MULTI-INPUT MULTI-OUTPUT MODEL, USING HUMAN CAPITAL AND R & D AS FACTORS OF PRODUCTION (RESEARCH, DEVELOPMENT)
… the estimation of the import and export functions has been done by specifying either linear or loglinear functions of some income and relative price variables then using, usually, ordinary least squares technique. This procedure is subject to a wide range of criticisms due to its lack of …
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Analysis of Agricultural Production in Albania: Prospects for Policy Improvement
… model and the second is the well-known indirect profit function model. The first model was preferred. However, the second was used instead, due to the lack of information necessary for an empirical application of the semi-commercial farm household model. A quadratic functional form was selected …
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The Effect of Inbreeding on Lifetime Performance of Dairy Cattle
… Addition of somatic cell information in the profit function had little effect. Heritabilities of profit functions were .16 and .14 for a fluid and manufacturing market, respectively. Animal model estimates of inbreeding depression were +.16 days, -6.7 days and -5.1 days for age at first …
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Impacts of government pricing policies on agricultural production and the achievement of government policy objectives in Zambia
… supply side of the crop sector was modelled in a profit function framework to derive own and cross-price responses for the major crops grown in Zambia. The elasticity estimates derived indicated significant cross-price relationships among the major crops grown in Zambia. Increase (decrease) in the …
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Price competition and the impact of service attributes: Structural estimation and analytical characterizations of equilibrium behavior
… with Mixed Multinomial Logit (MMNL) demand functions under affine cost structures. In spite of the huge popularity of MMNL models in both the theoretical and empirical literature, it is not known, in general, whether a Nash equilibrium (in pure strategies) of prices exists, and whether the …
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Three essays on the effect of rural extension in the brazilian agricultural sector
… of equations derived from a restricted quadratic profit function. The results pointed to a positive effect of rural extension on the supply of products, mainly related to private extension. In addition, the extension service contributed to a 4.1% increase in the average revenue generated by the …
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Evaluation of the importance and magnitude of agricultural maintenance research in the United States
… second part of the procedure was to estimate a profit function model to assess the importance of research depreciation in U.S. agriculture and to test the overall length and shape of the research lag. Duality theory was used to obtain the output supply (foodgrains, feedgrains, other crops, hay, …
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Commodity price stabilization and trade liberalization: the case of corn and livestock in the Philippines
… and risk response parameters were estimated with profit function approach using time-series data on prices, production, and input usage. Food demand elasticities were adopted from previous works in the Philippines. A separate set of demand functions were estimated for corn as livestock feed with …
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AN APPLICATION OF A MULTI-INPUT MULTI-OUTPUT MODEL WITH TECHNOLOGICAL CHANGE TO FOREIGN TRADE: THE CASE OF SRI LANKA
… import, export, investment and consumption functions simultaneously and to estimate inverse demand functions of inputs, capital and labor. The model developed takes into account technological changes, both exogenous and endogenous. The study aims to discover new interrelationships so that …
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Stochastic Programming Approaches to Multi-product Inventory Management Problems with Substitution
… among products can substantially improve the profit and reduce the understock or overstock risk. This thesis focuses on exploring and exploiting the impact of substitution on inventory management problems by theoretically analyzing mathematical models and developing efficient solution …
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The Groundnut Market in Senegal: Examination of Price and Policy Changes
… demand responses to price changes. A quadratic profit function model is estimated using data collected for the current study and a similar dataset collected by Akobundu [1997]. Second, a quadratic programming model is used to examine the effects of eliminating pan-territorial prices. Results …
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Three essays on irrigated agriculture in Brazil
… is estimated using the restricted quadratic profit function approach. The results point toward a positive effect on the supply of grains and demand for labor. In addition, irrigation contributes to a 2.1% increase (US$ 83.45 million) in the average revenue generated by the grains analyzed. …
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ΑΠΟΤΕΛΕΣΜΑΤΙΚΟΤΗΤΑ ΚΑΤΑΝΟΜΗΣ ΚΑΙ ΑΠΟΤΕΛΕΣΜΑΤΙΚΗ ΑΞΙΟΠΟΙΗΣΗ ΤΩΝ ΠΟΡΩΝ ΚΑΤΑ ΤΗΝ ΓΕΩΡΓΙΚΗ ΑΝΑΠΤΥΞΗ
… THE DATA ANALYSIS: (I) A COBB-DOUGLAS PRODUCTION FUNCTION FOR THE INVESTIGATION OF THE LEVEL OF ALLOCATIVE EFFICIENCY OF RESOURCES, (II) A PROFIT FUNCTIONFOR DERIVING VALUES OF TECHNICAL AND PRICE EFFICIENCY FOR THE ENTIRE AGRICULTURAL SECTOR, AS WELL AS IN ORDER TO DENTIFY AND ISOLATE POSSIBLE …