A TRANSLOG COST ANALYSIS OF TURKEY PRODUCTION IN THE MID-ATLANTIC REGION
William Grisley and
Kangethe W. Gitu
Southern Journal of Agricultural Economics, 1985, vol. 17, issue 01, 8
Abstract:
The production structure of 165-hen and 200-ton 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 elasticities 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 tom 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: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:29360
DOI: 10.22004/ag.econ.29360
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