TY  - BOOK
AU  - Onuh, Willington O.
TI  - Empirical analysis of food manufacturing industry in the Philippines: Willington O. Onuh
PY  - 2006///
CY  - Japan
PB  - IDE-JETRO
KW  - Food industry and trade
KW  - Philippines
N2  - The main objective of this study is to estimate a cost function for the food manufacturing industry in the Philippines in order to investigate some important characteristics of the production technology. A transcendental logarithmic variable cost function and three share equations are jointly estimated for food manufacturing industry with annual panel data for the period from 1980 to 1998. The results of the estimation process are used to calculate substitution possibilities, input demand and technological biases for three inputs. The results show that labor and capital, labor and energy are substitutes while capital and energy are complements. However, the degree of substitutability between labor and energy is higher than between labor and capital in all subsectors in the food manufacturing. Technological change has been biased toward labor and energy using and factor capital saving
ER  -