Hostname: page-component-586b7cd67f-t8hqh Total loading time: 0 Render date: 2024-11-25T22:05:03.430Z Has data issue: false hasContentIssue false
  • English
  • Français

A Translog Cost Analysis of Turkey Production in the Mid-Atlantic Region

Published online by Cambridge University Press:  28 April 2015

William Grisley  and
Kangethe W. Gitu
William Grisley
Affiliation:
Department of Agricultural Economics and Rural Sociology, The Pennsylvania State University
Kangethe W. Gitu
Affiliation:
Department of Agricultural Economics and Rural Sociology, The Pennsylvania State University
Get access Rights & Permissions [Opens in a new window]

Abstract

The production structure of 165-hen and 200-tom turkey flocks is investigated using a translog (dual) variable cost function. The partial static equilibrium elasticities of scale, input demand, input substitution, and cross price elasticities of demand are calculated. The elasticity of scale is found to be not significantly different from one over the range of 5,900 to 9,822 birds for the hen flocks and over the range of 7,765 to 11,043 birds for the torn flocks. In general, the input demand elasticities are inelastic with the exception of the input fuel. The cross-price elasticities are in general inelastic.

Keywords

turkey productioneconomies of scaleinput substitution
Type
Submitted Articles
Information
Journal of Agricultural and Applied Economics , Volume 17 , Issue 1 , July 1985 , pp. 151 - 158
Copyright
Copyright © Southern Agricultural Economics Association 1985

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Ball, V. E. and Chambers, R. G.. “An Economic Analysis of Technology in the Meat Products Industry.” Amer. J. Agr. Econ., 64(1982):699–709.CrossRefGoogle Scholar
Barten, A. P. “Maximum Likelihood Estimation of a Complete System of Demand Equations.” Europ. Econ. Rev., 1(1969):7–73.CrossRefGoogle Scholar
Binswanger, H. P. “A Cost Function Approach to the Measurement of Factor Demand and Elasticities of Substitution.” Amer. J. Agr. Econ., 56(1974):377–386.CrossRefGoogle Scholar
Brown, R. S. and Christensen, L. R.. “Estimating Elasticities of Substitution in a Model of Partial Static Equilibrium: An Application to U.S. Agriculture, 1947 to 1974.” Modeling and Measuring Natural Resource Substitution, eds. Berndt, E. R. and Field, B. C.. The MIT Press, Cambridge, Massachusetts, 1981.Google Scholar
Caves, D. W., Christensen, L. R. and Swanson, J. A.. “Productivity Growth, Scale Economies, and Capacity Utilization in U.S. Railroads, 1955-74.” Amer. Econ. Rev., 71(1981):994–1,002.Google Scholar
Christensen, L. R. and Greene, W. H.. “Economies of Scale in U.S. Electric Power Generation.” J. Pol. Econ., 84(1976):655–676.CrossRefGoogle Scholar
Christensen, L. R., Jorgenson, D. W. and Lau, L. R.. “Transcendental Logarithmic Production Frontiers.” Rev. Econ. Stat., 55(1973):28–45.CrossRefGoogle Scholar
Denny, M. and Fuss, M. A.. “The Use of Approximation Analysis to Test for Separability and the Existence of Consistent Aggregates.” Amer. Econ. Rev., 67(1977):404–418.Google Scholar
Eidman, V. R., Carter, H. O. and Dean, G. W.. “Decision Models for California Turkey Growers.” Giannini Foundation Monograph Number 21, University of California, Berkeley, 1968.Google Scholar
Hanoch, G. “The Elasticity of Scale and the Shape of Average Cost.” Amer. Econ. Rev., 65(1975):492–497.Google Scholar
Henson, W. L. “Turkey Production Practices and Costs in Virginia and Pennsylvania, 1981.” A.E. and R.S. 162, Department of Agricultural Economics and Rural Sociology, The Pennsylvania State University, 1983.Google Scholar
Kako, T. “Decomposition Analysis of Derived Demand for Factor Inputs: The Case of Rice Production in Japan.” Amer. J. Agr. Econ., 60(1978):628–635.CrossRefGoogle Scholar
Kmenta, J.Elements of Econometrics, New York, New York: Macmillan Publishing Co., 1971.Google Scholar
Lance, G. C. “Economic Evaluation of Total Confinement and Open Range Turkey Production Systems in Georgia.” Poultry Sci., 62(1983):1142–1154.CrossRefGoogle ScholarPubMed
Lau, L. J. “A Characterization of the Normalized Restricted Profit Function.” J. Econ. Theory, 12(1976):131–163.CrossRefGoogle Scholar
Lau, L. J. and Yotopoulos, P. A.. “A Test for Relative Efficiency and Application to Indian Agriculture.” Amer. Econ. Rev. 61(1971):94–109.Google Scholar
Ray, S. C. “A Translog Cost Function Analysis of U.S. Agriculture, 1939-77.” Amer. J. Agr. Econ., 64(1982):490–498.CrossRefGoogle Scholar
Shephard, R. W.Cost and Production Functions, Princeton, New Jersey: Princeton University Press, 1953.Google Scholar
USDA, SRS. Agricultural Prices: Annual Summary, 1980 and 1981.Google Scholar