Production Economics: An Empirical Approach

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Publisher : World Scientific
ISBN 13 : 9811241279
Total Pages : 576 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Production Economics: An Empirical Approach by : Charles Britt Moss

Download or read book Production Economics: An Empirical Approach written by Charles Britt Moss and published by World Scientific. This book was released on 2022-02-25 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production economics is that branch of microeconomics that examines producer decisions. This book focuses on the empirical estimation of these relationships using primal, dual, and differential specifications. The primal specification models production decisions based on the production function — estimation of the input/output relationship and the derivation of optimization behavior from this technical relationship. The dual approach estimates production decisions using economic information such as input and output prices. The textbook then develops the linkages between these relationships. The differential specification is an alternative approach derived from changes in the first-order conditions from cost minimizing behavior. In each case, the theoretical development is followed by different empirical specifications that can be used to estimate the producer's choice.

Handbook of Production Economics

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Author :
Publisher : Springer Nature
ISBN 13 : 9811034559
Total Pages : 1797 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Handbook of Production Economics by : Subhash C. Ray

Download or read book Handbook of Production Economics written by Subhash C. Ray and published by Springer Nature. This book was released on 2022-06-02 with total page 1797 pages. Available in PDF, EPUB and Kindle. Book excerpt: This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.

Production Economics

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Publisher : Springer Science & Business Media
ISBN 13 : 3642302009
Total Pages : 296 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis Production Economics by : Svend Rasmussen

Download or read book Production Economics written by Svend Rasmussen and published by Springer Science & Business Media. This book was released on 2012-08-04 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the neoclassical theory of the firm presented in most general microeconomic textbooks, it extends the general treatment and focuses on the application of the theory to specific problems that the firm faces when making production decisions to maximise profits. Increasing level of government regulation and the use of specialised and often very expensive equipment in modern production motivates the following focus areas: 1) How to optimise production under restrictions., 2) Treatment of fixed inputs and the process of input fixation, 3) Optimisation of production over time, 4) Linear and Mixed Integer Programming as tools for optimisation in practice. This updated second edition includes a more comprehensive introduction to the theory of decision making under risk and uncertainty as well as a new chapter on how to use linear programming to generate the supply function of the firm.

The Economics of Production

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Author :
Publisher : Krieger Publishing Company
ISBN 13 : 9781575242958
Total Pages : 0 pages
Book Rating : 4.2/5 (429 download)

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Book Synopsis The Economics of Production by : Bruce R. Beattie

Download or read book The Economics of Production written by Bruce R. Beattie and published by Krieger Publishing Company. This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Suitable as a textbook for courses in production economics theory, this title pays attention to the technical aspects of production and input-side issues with the common notions of production costs, product supply, and other output-side issues found in most microeconomic theory texts.

Agricultural Production Economics

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Publisher :
ISBN 13 :
Total Pages : 413 pages
Book Rating : 4.:/5 (476 download)

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Book Synopsis Agricultural Production Economics by : David L. Debertin

Download or read book Agricultural Production Economics written by David L. Debertin and published by . This book was released on 2002 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Production Economics

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Publisher : Springer Science & Business Media
ISBN 13 : 3540757503
Total Pages : 523 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Production Economics by : Steven T. Hackman

Download or read book Production Economics written by Steven T. Hackman and published by Springer Science & Business Media. This book was released on 2008-01-28 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: This scholarly yet accessible book provides an introduction to the main topics in production economics. The book successfully integrates two historically distinct perspectives on modeling technology: from microeconomics and engineering.

The Economics of Animal Health and Production

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Author :
Publisher : CABI
ISBN 13 : 1845932447
Total Pages : 386 pages
Book Rating : 4.8/5 (459 download)

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Book Synopsis The Economics of Animal Health and Production by : Jonathan Rushton

Download or read book The Economics of Animal Health and Production written by Jonathan Rushton and published by CABI. This book was released on 2009 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation. Illustrated with review studies on animal health economics, this book presents information on the most important economic tools applied to livestock, covering both theory and practical applications. Topics covered include gross margin analysis, partial budgeting, investment and financial appraisal and cost-benefit analysis. There are also sections on decision tree analysis, optimisation methods, value chain analysis, new institutional economics, DALYs and a range of policy analysis tools. International experts contribute on important theoretical and practical aspects of animal health and production economics, with global themes on livestock and poverty.

Production Economics: A Dual Approach to Theory and Applications

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Publisher : Elsevier
ISBN 13 : 148325903X
Total Pages : 361 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Production Economics: A Dual Approach to Theory and Applications by : Melvyn Fuss

Download or read book Production Economics: A Dual Approach to Theory and Applications written by Melvyn Fuss and published by Elsevier. This book was released on 2014-06-28 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. The selection first ponders on duality, intermediate inputs and value-added, Hicks' aggregation theorem and the existence of a real value-added function, and homotheticity and real value-added in Canadian manufacturing. Discussions focus on real value-added and the production structure, estimation of the production structure, double deflation and real value-added, measurement of total productivity, and duality between direct and conditional indirect utility functions. The book then examines the estimation techniques for the elasticity of substitution and other production parameters and measurement of the elasticity of factor substitution and bias of technical change. The publication takes a look at the identification of technical change in the electricity generating industry, factor substitution in electricity generation, and the effectiveness of rate-of-return regulation. Topics include statistical tests of regulatory effectiveness, profit function for a regulated firm, tests of the structure of technology, identification problems in the measurement of technical change, and measurement of disembodied technical change. The selection is a valuable source of information for economists and researchers interested in production economics.

Production Economics

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Publisher : CRC Press
ISBN 13 : 0429944780
Total Pages : 523 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Production Economics by : Anoop Desai

Download or read book Production Economics written by Anoop Desai and published by CRC Press. This book was released on 2018-08-06 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book serves a unique purpose within the world of engineering. It covers the economics of modern manufacturing and focuses on examining the techniques and methods from a cost perspective. It can be used by both students and professionals alike. The book is useful to students in industrial engineering and mechanical engineering programs as a primary textbook for engineering economy, production costing, and related courses. It can also be used by MBA students specializing in production management and finance. Specific topics of coverage include the computation of direct and indirect cost for manufacturing operations, including a variety of overhead operations in such an environment. Costing of manufacturing methods such as casting, forging, turning, milling, and welding is addressed along with inventory analysis. The book also includes fundamental concepts such as cash flow analysis, present and future worth analysis, and rate of return analysis. Related topics such as equipment replacement, comparison of alternatives, depreciation, buy versus make decisions, interest factors, and equivalence are covered in detail as well. Key Features: Addresses the costing of manufacturing operations through a step-by-step problem solving approach. Includes traditional engineering topics such as cash flow analysis, present worth, future worth analysis, replacement analysis, equivalence, and depreciation are addressed in depth as well. Offers a variety of solved examples that can be used to develop a thorough understanding of the underlying concept. Provides a number of practice problems at the end of each chapter. Presents a large number of figures and tables in almost every chapter, to assist in visualizing the concept and apply it successfully. Production Economics: Evaluating Costs of Operations in Manufacturing and Service Industries focuses on rigorous problem solving. Each topic is presented succinctly along with numerous solved examples, along with a large number of end-of-chapter practice problems where applicable.

The Problem of Production

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Publisher : Routledge
ISBN 13 : 1317217802
Total Pages : 225 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis The Problem of Production by : Per L Bylund

Download or read book The Problem of Production written by Per L Bylund and published by Routledge. This book was released on 2015-12-22 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of the firm has been fertile ground for economists. Bylund proposes a new theory, rooted in Austrian economics, which examines the firm as a part of the market, and not as a free-standing entity. In this integrated view, a theory is offered which incorporates entrepreneurship, production, market process and economic development.

Production Economics

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Publisher :
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Production Economics by : John P. Doll

Download or read book Production Economics written by John P. Doll and published by . This book was released on 1978-02-24 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production and cost functions; Allocation of one variable input; Production with two or more variable inputs; Productions of two or more products; The production process through time; Economics of size and their implications for farms; Introduction to decision theory; Linear programming; Farm adjustments in a changing economy.

Introduction to Production Economics

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Publisher :
ISBN 13 :
Total Pages : 1006 pages
Book Rating : 4.:/5 (8 download)

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Book Synopsis Introduction to Production Economics by : John Donald Black

Download or read book Introduction to Production Economics written by John Donald Black and published by . This book was released on 1926 with total page 1006 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Food Loss in the Produce Industry

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Publisher : Routledge
ISBN 13 : 042955916X
Total Pages : 245 pages
Book Rating : 4.4/5 (295 download)

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Book Synopsis The Economics of Food Loss in the Produce Industry by : Travis Minor

Download or read book The Economics of Food Loss in the Produce Industry written by Travis Minor and published by Routledge. This book was released on 2019-11-20 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food loss is a serious issue in the United States. It affects all aspects of the supply chain, from farmers to consumers. While much is already known about loss at the consumer level, our understanding of the amount of food that never makes it to this stage is more limited. The Economics of Food Loss in the Produce Industry focuses on the economics of food loss as they apply to on-farm produce production, and the losses that are experienced early. The book both analyses current food loss literature and presents new empirical research. It draws lessons from those who have encountered these issues by focusing on how past regional or national estimates of food loss have been conducted with varying degrees of success. It includes chapters on several themes: understanding food loss from an economic perspective; efforts to measure food loss; case studies across commodities within the produce industry; and economic risks and opportunities. The commodity case studies provide detailed discussion of factors impacting changes in loss levels within the produce industry, and a wealth of knowledge on strategies and contexts is developed. The book concludes by identifying critical knowledge gaps and establishing future priorities. This book serves as an essential reference guide for academics, researchers, students, legislative liaisons, non-profit associations, and think tank groups in agriculture and agricultural economics.

Electricity Economics: Production Functions with Electricity

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Publisher : Springer Science & Business Media
ISBN 13 : 3642407579
Total Pages : 449 pages
Book Rating : 4.6/5 (424 download)

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Book Synopsis Electricity Economics: Production Functions with Electricity by : Zhaoguang Hu

Download or read book Electricity Economics: Production Functions with Electricity written by Zhaoguang Hu and published by Springer Science & Business Media. This book was released on 2013-11-22 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity Economics: Production Functions with Electricity studies the production output from analyzing patterns of electricity consumption. Since electricity data can be used to measure scenarios of economic performance due to its accuracy and reliability, it could therefore also be used to help scholars explore new research frontiers that directly and indirectly benefits human society. Our research initially explores a similar pattern to substitute the Cobb–Douglas function with the production function with electricity to track and forecast economic activities. The book systematically introduces the theoretical frameworks and mathematical models of economics from the perspective of electricity consumption. The E-GDP functions are presented for case studies of more than 20 developed and developing countries. These functions also demonstrate substantial similarities between human DNA and production functions with electricity in terms of four major characteristics, namely replication, mutation, uniqueness, and evolution. Furthermore, the book includes extensive data and case studies on the U.S., China, Japan, etc. It is intended for scientists, engineers, financial professionals, policy makers, consultants, and anyone else with a desire to study electricity economics as well as related applications. Dr. Zhaoguang Hu is the vice president and chief energy specialist at the State Grid Energy Research Institute, China. Zheng Hu is a PhD candidate at the Center for Energy and Environmental Policy, University of Delaware, USA.

Theory of Production and Cost

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Publisher : Springer Science & Business Media
ISBN 13 : 3642768121
Total Pages : 415 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis Theory of Production and Cost by : Günter Fandel

Download or read book Theory of Production and Cost written by Günter Fandel and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production theory and the theory of cost both belong to the central areas of business administration, for all considerations concerning the economic organization of industrial manufacturing processes start from these. Two developments in the past 30 years have had a considerable influence on the structure and the concentration on points of emphasis in this book. I am referring to findings from KOOPMANS' activity analysis and to the formulation by GUTENBERG of a production function concept that focuses on industrial production processes. Activity analysis has made it possible to develop, from a uniform approach, different types of production functions which describe the concrete principles of production in the productive sector of a business enterprise; this has created a common basis for all production concepts in business administration. The Gutenberg Production Function with its different kinds of adjustment to a changing output has opened up a flexibility to theoretical and practical considerations that gave rise to a large number of additional studies in this area. Considerations in cost theory were in particular need of considerable extensions in the direction of cost minimal combined adjustment processes. By means of the organization of its contents, this book will take both approaches into due account. In that way, it is vastly different from other books dealing with the same subject. As a matter of course, traditional analytical methods and ways of thinking also constitute a large part of the book.

Applied Production Analysis

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Publisher : Cambridge University Press
ISBN 13 : 9780521314275
Total Pages : 352 pages
Book Rating : 4.3/5 (142 download)

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Book Synopsis Applied Production Analysis by : Robert G. Chambers

Download or read book Applied Production Analysis written by Robert G. Chambers and published by Cambridge University Press. This book was released on 1988-07-29 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a modern treatment of production economics from a dual perspective, with special emphasis on recent developments. Results that were scattered throughout professional journals and monographs are now gathered into an integrated approach using a common notation. The book prepares the reader to apply the tools of the dual approach to real world problems and data sets. Particular care has been devoted to choosing topics for discussion that achieve this goal. Throughout the book there are worked examples and exercises, which are geared toward developing the reader's facility in using modern developments in production economics. Separate chapters are devoted to production, cost, and profit functions. Other topics include flexible functional forms, aggregation across inputs and outputs using the theory of separable structures, aggregation over economic optimizing firms, the representation of multioutput technologies, and the analysis and measurement of technical change from both a primal and a dual perspective.

A New Approach to the Economics of Public Goods

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Publisher : Routledge
ISBN 13 : 1000705722
Total Pages : 86 pages
Book Rating : 4.0/5 (7 download)

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Book Synopsis A New Approach to the Economics of Public Goods by : Thomas Laudal

Download or read book A New Approach to the Economics of Public Goods written by Thomas Laudal and published by Routledge. This book was released on 2019-08-28 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public goods are typically defined only in reference to the good itself but, as this book argues, the public goods can be better understood if contextual variables are incorporated. This book discusses the production and provision of public goods. It asserts that changes related to public goods are better understood if the category of goods are not decided solely by the properties of the good itself. We also need to focus on how the enabled utility of a good is influenced by the production and the provision of the good. The book opens with a brief introduction to common conceptions of public goods and a review of the existing literature - highlighting the limitations of current definitions of public goods. It presents a new multi-layered approach to public goods. This has implications for the discourse on public goods and for our understanding of the societal and environmental impact of public goods. The implications are illustrated in several areas; public goods in ancient history, privatization, innovation, competitiveness and prices, democracy and political standards, and economic growth. The book provides a provocative argument for a new way to analyze public goods which will appeal to scholars and students interested in the economic analysis of public goods, arguments regarding the privatizing or nationalizing of production and services, and method of modelling and measuring sustainable business activities.