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Input usage, output mix and industry deregulation: an analysis of the Australian dairy manufacturing industry

Balcombe, Kelvin, Doucouliagos, Hristos, Fraser, Iain M (2007) Input usage, output mix and industry deregulation: an analysis of the Australian dairy manufacturing industry. Australian Journal of Agricultural and Resource Economics, 51 (2). pp. 137-156. ISSN 1364-985X. (doi:10.1111/j.1467-8489.2007.00370.x) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:3103)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.
Official URL:
http://dx.doi.org/10.1111/j.1467-8489.2007.00370.x

Abstract

In this paper we estimate a Translog output distance function for a balanced panel of state level data for the Australian dairy processing sector. We estimate a fixed effects specification employing Bayesian methods, with and without the imposition of monotonicity and curvature restrictions. Our results indicate that Tasmania and Victoria are the most technically efficient states with New South Wales being the least efficient. The imposition of theoretical restrictions marginally affects the results especially with respect to estimates of technical change and industry deregulation. Importantly, our bias estimates show changes in both input use and output mix that result from deregulation. Specifically, we find that deregulation has positively biased the production of butter, cheese and powders.

Item Type: Article
DOI/Identification number: 10.1111/j.1467-8489.2007.00370.x
Uncontrolled keywords: Bayesian; deregulation; output distance function
Subjects: H Social Sciences > HB Economic Theory
Divisions: Divisions > Kent Business School - Division > Kent Business School (do not use)
Depositing User: Suzanne Duffy
Date Deposited: 14 May 2008 07:01 UTC
Last Modified: 16 Nov 2021 09:41 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/3103 (The current URI for this page, for reference purposes)

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