doucouliagos-inputusage-2007.pdf (154.77 kB)
Input usage, output mix and industry deregulation: an analysis of the Australian dairy manufacturing industry
journal contribution
posted on 2007-05-01, 00:00 authored by K Balcombe, Chris DoucouliagosChris Doucouliagos, I FraserIn 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.
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Journal
Australian journal of agricultural and resource economicsVolume
51Issue
2Pagination
137 - 156Publisher
Blackwell Publishing AsiaLocation
Richmond, Vic.Publisher DOI
ISSN
1364-985XeISSN
1467-8489Language
engPublication classification
C1 Refereed article in a scholarly journalUsage metrics
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