A Translog Cost Analysis of Turkey Production in the Mid-Atlantic Region
William Grisley and
Kangethe W. Gitu
Journal of Agricultural and Applied Economics, 1985, vol. 17, issue 1, 151-158
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.
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:17:y:1985:i:01:p:151-158_01
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