Australian coal mining: Estimating technical change and resource rents in a translog cost function
dc.contributor.author | Azzalini, Paul | |
dc.contributor.author | Bloch, Harry | |
dc.contributor.author | Haslehurst, Paula | |
dc.date.accessioned | 2017-01-30T15:34:47Z | |
dc.date.available | 2017-01-30T15:34:47Z | |
dc.date.created | 2009-03-05T00:54:49Z | |
dc.date.issued | 2007 | |
dc.identifier.citation | Azzalini, 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.uri | http://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.publisher | Oceania Association for Energy Economics | |
dc.subject | cost functions | |
dc.subject | translog | |
dc.subject | technical change | |
dc.subject | coal mining | |
dc.subject | resource rents | |
dc.title | Australian coal mining: Estimating technical change and resource rents in a translog cost function | |
dc.type | Conference Paper | |
dcterms.source.title | Conference Proceedings of the 30th Conference of the International Association for Energy Economics | |
dcterms.source.series | Conference Proceedings of the 30th Conference of the International Association for Energy Economics | |
dcterms.source.conference | 30th Conference of the International Association for Energy Economics | |
dcterms.source.conference-start-date | Feb 18 2007 | |
dcterms.source.conferencelocation | Victoria University of Wellington, New Zealand | |
dcterms.source.place | Wellington, New Zealand | |
curtin.accessStatus | Fulltext not available | |
curtin.faculty | Curtin Business School | |
curtin.faculty | School of Economics and Finance |