Factor Demands in the U.S. Food-Manufacturing Industry

Kuo Huang

American Journal of Agricultural Economics, 1991, vol. 73, issue 3, 615-620

Abstract: This paper analyzes the demand for labor, capital, and energy in the U.S. food-manufacturing industry using Allen and Morishima elasticities of substitution. The demand for capital is more elastic than for labor and energy, and these production factors are substitutable, especially between capital and labor.

Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:73:y:1991:i:3:p:615-620.

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