This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Generalised Cost Functions for Producers of Performing Arts – Allocative Inefficiencies and Scale Economies in Theatres

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Mervi Taalas
Abstract

This paper examines the structure of the production of cultural services by using a generalised cost function and a panel data set of theatres. The main points of interest are: first, whether the production of theatrical performances is allocatively efficient, second, whether underlying production technology exhibits homotheticity with respect to output, and third, whether there exist economic gains from large scale production. The results of the analysis suggest that inputs are not combined in optimal proportions in light of prevailing market prices, that relative shares of input utilisation vary when output expands, and that there are scale economies in the production of theatrical performances. Copyright Kluwer Academic Publishers 1997

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://hdl.handle.net/10.1023/A:1007488907323
File Format: text/html
File Function:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Springer in its journal Journal of Cultural Economics.

Volume (Year): 21 (1997)
Issue (Month): 4 (December)
Pages: 335-353
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:jculte:v:21:y:1997:i:4:p:335-353

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100284

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords: production of cultural services; structure of production; parametric efficiency tests;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Kumbhakar, Subal C., 1991. "Estimation of technical inefficiency in panel data models with firm- and time-specific effects," Economics Letters, Elsevier, vol. 36(1), pages 43-48, May. [Downloadable!] (restricted)
  2. Kumbhakar, Subal C, 1991. "The Measurement and Decomposition of Cost-Inefficiency: The Translog Cost System," Oxford Economic Papers, Oxford University Press, vol. 43(4), pages 667-83, October. [Downloadable!] (restricted)
  3. Fare, Rolf & Grosskopf, Shawna, 1990. "A distance function approach to price efficiency," Journal of Public Economics, Elsevier, vol. 43(1), pages 123-126, October. [Downloadable!] (restricted)
  4. Atkinson, Scott E & Halvorsen, Robert, 1980. "A Test of Relative and Absolute Price Efficiency in Regulated Utilities," The Review of Economics and Statistics, MIT Press, vol. 62(1), pages 81-88, February. [Downloadable!] (restricted)
  5. Lau, Lawrence J & Yotopoulos, Pan A, 1971. "A Test for Relative Efficiency and Application to Indian Agriculture," American Economic Review, American Economic Association, vol. 61(1), pages 94-109, March.
  6. Pescatrice, Donn R. & Trapani, John III, 1980. "The performance and objectives of public and private utilities operating in the United States," Journal of Public Economics, Elsevier, vol. 13(2), pages 259-276, April. [Downloadable!] (restricted)
  7. Battese, George E. & Coelli, Tim J., 1988. "Prediction of firm-level technical efficiencies with a generalized frontier production function and panel data," Journal of Econometrics, Elsevier, vol. 38(3), pages 387-399, July. [Downloadable!] (restricted)
  8. Sickles, Robin C. & Good, David & Johnson, Richard L., 1986. "Allocative distortions and the regulatory transition of the U.S. airline industry," Journal of Econometrics, Elsevier, vol. 33(1-2), pages 143-163. [Downloadable!] (restricted)
  9. Nelson, Randy A & Wohar, Mark E, 1983. "Regulation, Scale Economies, and Productivity in Steam-Electric Generation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 24(1), pages 57-79, February. [Downloadable!] (restricted)
  10. Schmidt, Peter & Sickles, Robin C, 1984. "Production Frontiers and Panel Data," Journal of Business & Economic Statistics, American Statistical Association, vol. 2(4), pages 367-74, October.
  11. Throsby, David, 1994. "The Production and Consumption of the Arts: A View of Cultural Economics," Journal of Economic Literature, American Economic Association, vol. 32(1), pages 1-29, March. [Downloadable!] (restricted)
Full references

Statistics
Access and download statistics

Did you know? All full texts are decentralized with the publishers, none reside on this server, thus making it possible to offer this service for free to all parties.

This page was last updated on 2009-11-27.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.