000 01556nam a2200205Ia 4500
001 117250
003 0000000000
005 20211104013123.0
008 090722s2006 000 0 eng d
035 _a(AEA)B07BCF45FBD8460EA5DF8C477BAE3813
040 _aAEA
_cAEA
100 _aOnuh, Willington O.
_990560
245 0 _aEmpirical analysis of food manufacturing industry in the Philippines/
_bWillington O. Onuh.
260 _aJapan:
_bIDE-JETRO,
_c2006
300 _a47 p.:
_bill.
_c25.5 cm.
520 _aThe 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.
650 _aFood industry and trade
_zPhilippines.
_9102125
942 _cASC
999 _c71134
_d71134