Australian Coal Mining: Estimating technical change and resource exhaustion in a translog cost function

Australian Coal Mining: Estimating technical change and resource exhaustion in a translog cost function

This paper estimates a translog cost function for the Australian coal industry from 1968 to 2001. We use a variable measuring the shift to open-pit mining to capture the impact of technical change, while using a time trend to capture the impact of resource exhaustion. The cost function is estimated...

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Bibliographic Details
Main Authors: Azzalini, Paul, Bloch, Harry, Haslehurst, Paula
Format: Working Paper
Published: School of Economics and Finance, Curtin Business Schoold 2004
Subjects:
Cost functions
Technical Change
Coal mining
Translog
Online Access:http://hdl.handle.net/20.500.11937/34640

Internet

http://hdl.handle.net/20.500.11937/34640

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