Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/95063
Authors: 
Førsund, Finn R.
Hjalmarsson, Lennart
Year of Publication: 
1977
Series/Report no.: 
IUI Working Paper 16
Abstract: 
Technical change in general milk processing is estimated within a homothetic frontier production function allowing neutrally variable scale elasticity. The results show that technical progress is characterized by a rapid increase in optimal scale and a small capital saving bias, increasing the marginal productivity of labour relative to capital. To characterize technical change, Salter's measures of bias and technical advance are utilized and interpreted within the framework of the efficiency cancepts of Farrell.
Subjects: 
Agriculture
Technical progress
Production function
JEL: 
O13
Q16
Document Type: 
Working Paper

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