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 | 2017-01-30T10:56:22Z | |
| dc.date.available | 2017-01-30T10:56:22Z | |
| dc.date.created | 2008-12-11T18:01:45Z | |
| 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, Oil and Gas Management Working Paper Series: no. 2007-03. Curtin University of Technology, School of Economics and Finance. | |
| dc.identifier.uri | http://hdl.handle.net/20.500.11937/6919 | |
| 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 | Oil and Gas Management, Curtin Business School | |
| dc.subject | Technical change | |
| dc.subject | Cost functions | |
| dc.subject | Coal mining | |
| dc.subject | Resource rents | |
| dc.subject | Translog | |
| dc.title | Australian coal mining: Estimating technical change and resource rents in a translog cost function | |
| dc.type | Working Paper | |
| dcterms.source.volume | 2007.03 | |
| dcterms.source.series | Oil and Gas Management Working Paper Series | |
| dcterms.source.series | 2007-03 | |
| curtin.accessStatus | Open access | |
| curtin.faculty | Curtin Business School | |
| curtin.faculty | School of Economics and Finance |