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dc.contributor.authorAzzalini, Paul
dc.contributor.authorBloch, Harry
dc.contributor.authorHaslehurst, Paula
dc.date.accessioned2017-01-30T15:34:47Z
dc.date.available2017-01-30T15:34:47Z
dc.date.created2009-03-05T00:54:49Z
dc.date.issued2007
dc.identifier.citationAzzalini, Paul and Bloch, Harry and Haslehurst, Paula. 2007. Australian coal mining: Estimating technical change and resource rents in a translog cost function, in School of Economics and Finance, Victoria University (ed), 30th Conference of the International Association for Energy Economics, Feb 18 2007. Victoria University of Wellington, New Zealand: Oceania Association for Energy Economics.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/47648
dc.description.abstract

This paper estimates a translog cost function for the Australian coal industry from 1968/69 to 2004/05. We use a variable measuring the shift to open-pit mining to capture the impact of embodied technical change, while using a time trend to capture the impact of other technical change and changing resource rents. The cost function is estimated with Zellner's SUR procedure. The shift to open-cut mining is shown to be important in lowering cost during the 1970s and 1980s, but more recently cost reduction is captured by the time trend.

dc.publisherOceania Association for Energy Economics
dc.subjectcost functions
dc.subjecttranslog
dc.subjecttechnical change
dc.subjectcoal mining
dc.subjectresource rents
dc.titleAustralian coal mining: Estimating technical change and resource rents in a translog cost function
dc.typeConference Paper
dcterms.source.titleConference Proceedings of the 30th Conference of the International Association for Energy Economics
dcterms.source.seriesConference Proceedings of the 30th Conference of the International Association for Energy Economics
dcterms.source.conference30th Conference of the International Association for Energy Economics
dcterms.source.conference-start-dateFeb 18 2007
dcterms.source.conferencelocationVictoria University of Wellington, New Zealand
dcterms.source.placeWellington, New Zealand
curtin.accessStatusFulltext not available
curtin.facultyCurtin Business School
curtin.facultySchool of Economics and Finance


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