scholarly journals A Method for Estimating Output Elasticity of Input Factors in Cobb-Douglas Production Function and Measuring Agricultural Technological Progress

IEEE Access ◽  
2021 ◽  
Vol 9 ◽  
pp. 26234-26250
Author(s):  
Jiquan Wang ◽  
Haohao Song ◽  
Zhanwei Tian ◽  
Jinling Bei ◽  
Hongyu Zhang ◽  
...  
Keyword(s):  
Production Function ◽  
Technological Progress ◽  
Output Elasticity ◽  
Douglas Production Function

scholarly journals Peranan Teknologi Dalam Pertumbuhan Sektor Transportasi Dan Komunikasi Di Indonesia : 1977-2007

2010 ◽  
Vol 22 (2) ◽  
pp. 175-188
Author(s):  
Alkadri Alkadri
Keyword(s):  
Economic Development ◽  
Production Function ◽  
Calculation Method ◽  
Technological Progress ◽  
Value Added ◽  
Growth Accounting ◽  
Communication Sector ◽  
Douglas Production Function

Application of technologtj in economic development of a nation spread across various eronomic sectors,including transportation and communication sector. In Indonesia, the progress achieved bytransportation and communication sector-especially in terms of value added grawth- over the lastthree decades can not be separated from the role of technological progress in this sector. By using t.otalfactor productivihj (TFP) approach as a indicator for the role of technological progress, this papertries to calculate and analyze how much the role of technological progress in the grawth of transportationand communication sector. Calculation method used is growth accounting method whichapplied to the Cobb-Douglas production function. The calculations shaw that during the period1977-2007 transportation and communication sector achieved grawth rate m;erage 7.77% per year,where 2.29% of which came from the contribution of technological progress (TFPG). The role of thistechnology is greater than the role of labor grawth (1.85%), but slightly belaw the role of capitalgrowth (3.63%). These results imply that the development of technology in transportation andcommunication sector must be increased again in the coming years in order t.o encourage the growthof transportation and communication sect.or higher.Keywords : Tecknologi, Transportataion and Komunication, Total Factor ProductivihJ

Significance of Experience, Farm Size, Quantity of Propagules and Location f or Seaweed Farmers in the Divided Island of Sebatik

2018 ◽  
Vol 9 (9) ◽  
pp. 825-832
Author(s):  
James M. Alin ◽  
◽  
Datu Razali Datu Eranza ◽  
Arsiah Bahron ◽  
◽  
...  
Keyword(s):  
Regression Analysis ◽  
Multiple Regression Analysis ◽  
Multiple Regression ◽  
Production Function ◽  
Weather Conditions ◽  
Education Level ◽  
Farm Size ◽  
Total Production ◽  
Explanatory Factors ◽  
Douglas Production Function

Seaweed-Kappaphycus-Euchema Cottonii and Denticulum species was first cultivated at Sabah side of Sebatik in 2009. By November 2014, sixty one Sabahan seaweed farmers cultivated 122 ha or 3,050 long lines. Thirty Sabahan seaweed farmers in Kampung Pendekar (3.2 m.t dried) and 31 in Burst Point (12.5 m.t dried) produced 16 metric tonnes of dried seaweed contributed 31% to Tawau’s total production (51 m.t). The remaining 69% were from farmers in Cowie Bay that separates Sebatik from municipality of Tawau. Indonesian in Desa Setabu, Sebatik started in 2008. However, the number of Indonesian seaweed farmers, their cultivated areas and production (as well as quality) in Sebatik increased many times higher and faster than the Sabah side of Sebatik. In 2009 more than 1,401 households in Kabupaten Nunukan (including Sebatik) cultivated over 700 ha and have produced 55,098.95 and 116, 73 m.t dried seaweed in 2010 and 2011 respectively. There is a divergence in productions from farming the sea off the same island under similar weather conditions. Which of the eight explanatory factors were affecting production of seaweeds in Sebatik? Using Cobb Douglas production function, Multiple Regression analysis was conducted on 100 samples (50 Sabahan and 50 Indonesian). Results; Variable significant at α = 0.05% are Experience in farming whereas Farm size; Quantity of propagules and Location — Dummy are the variables significant at α 0.01%. Not significant are variables Fuel; Age; Number of family members involved in farming and Education level.

Efficient Cobb-Douglas Production Function

2019 ◽  
Vol 1 (1) ◽  
pp. 16-23
Author(s):  
Farhad Savabi ◽  
Keyword(s):  
Production Function ◽  
Douglas Production Function

PENERAPAN PENDUGAAN EFISIENSI ALOKATIF PADA USAHATANI BUNCIS (Phaseolus vulgaris, L)

2020 ◽  
Vol 21 (1) ◽  
pp. 81-90
Author(s):  
Marthen Robinson Pellokila
Keyword(s):  
Production Function ◽  
Allocative Efficiency ◽  
Maximum Output ◽  
Phaseolus Vulgaris L ◽  
Land Area ◽  
Price Efficiency ◽  
Efficiency Estimation ◽  
Area Use ◽  
A Company ◽  
Douglas Production Function

ABTRACT Efficiency is one of the important indicators to assess the performance of a company or farm. Efficiency guarantees the use of certain inputs to achieve maximum output levels (technical efficiency) and also efficiency ensures the use of certain inputs that maximize profits (price efficiency or allocative efficiency). This article discusses the application of the estimation of price efficiency / allocative efficiency of the use of production inputs in bean farming using the linearized Cobb-Douglas Production function. The results of the analysis shows that the application of price efficiency estimation for production inputs using the Cobb-Douglas production function is satisfactory as long as the classical assumptions required by the multiple regression are fulfilled. Of the five production inputs included in the model, only one production input provides a significant value to production, namely the production input for the land area use. Thus, only the production input for land area use is estimated at the value of its price efficiency. Based on the results of the analysis, it is found that the use of production inputs for land area use has not yet reached its price efficiency.

A Relationship Between the Factor Indivisibility and the Output Elasticity of the Indivisible Factor

2021 ◽  
pp. 232102222098516
Author(s):  
Dipankar Das
Keyword(s):  
Production Function ◽  
Limit Point ◽  
Mathematical Proof ◽  
Wage Equation ◽  
Marginal Value ◽  
Output Elasticity ◽  
New Type ◽  
First Time ◽  
Jel Classifications

The paper puts forth a notion and derives a special type of production function where labour is an indivisible factor and is in the integer space. Thus, Newtonian calculus is not an appropriate method of deriving the marginal value because limit point does not exist. This shows that indivisibility determines the output elasticity. In the first part, the paper propounds a notion regarding how indivisibility determines curvature of the production function. In the second part, the paper incorporates the findings within a production function and derives a new type accordingly. Moreover, it formally derives the standard wage equation considering all the entitlements of labour, namely (a) normal wages, (b) interest and (c) rent of ability. So far, no such mathematical proof is there to support this wage composition. This paper, for the first time, derives this wage equation considering indivisibility of labour. JEL Classifications: J23, J24, J31, D24, C61, E24, L8

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