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Substitution Possibilities for Unpriced Natural Resources: Restricted Cost Functions for the Canadian Metal Mining Industry

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  • Halvorsen, Robert
  • Smith, Tim R

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  • Halvorsen, Robert & Smith, Tim R, 1986. "Substitution Possibilities for Unpriced Natural Resources: Restricted Cost Functions for the Canadian Metal Mining Industry," The Review of Economics and Statistics, MIT Press, vol. 68(3), pages 398-405, August.
  • Handle: RePEc:tpr:restat:v:68:y:1986:i:3:p:398-405
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    Cited by:

    1. Zhao, Yu & Zhong, Honglin & Kong, Fanbin & Zhang, Ning, 2023. "Can China achieve carbon neutrality without power shortage? A substitutability perspective," Renewable and Sustainable Energy Reviews, Elsevier, vol. 182(C).
    2. Considine , Timothy J. & Larson, Donald F., 2009. "Substitution and technological change under carbon cap and trade : lessons from Europe," Policy Research Working Paper Series 4957, The World Bank.
    3. Lee, Myunghun, 2011. "Measurement of market power for the environmentally regulated Korean iron and steel manufacturing industry," Resources Policy, Elsevier, vol. 36(3), pages 249-254, September.
    4. Gregory M. Ellis & Robert Halvorsen, 2002. "Estimation of Market Power in a Nonrenewable Resource Industry," Journal of Political Economy, University of Chicago Press, vol. 110(4), pages 883-899, August.
    5. Lee, Myunghun, 2008. "Environmental regulations and market power: The case of the Korean manufacturing industries," Ecological Economics, Elsevier, vol. 68(1-2), pages 205-209, December.
    6. Lee, Myunghun & Jin, Yingmei, 2012. "The substitutability of nuclear capital for thermal capital and the shadow price in the Korean electric power industry," Energy Policy, Elsevier, vol. 51(C), pages 834-841.
    7. Lichter, Andreas & Peichl, Andreas & Siegloch, Sebastian, 2015. "The own-wage elasticity of labor demand: A meta-regression analysis," European Economic Review, Elsevier, vol. 80(C), pages 94-119.
    8. Frank Asche & Subal C. Kumbhakar & Ragnar Tveterås, 2007. "Testing cost vs. profit function," Applied Economics Letters, Taylor & Francis Journals, vol. 14(10), pages 715-718.
    9. Kumar, Ramesh C., 1997. "On Optimal Capacity Expansion for Domestic Processing of an Exhaustible, Natural Resource," Journal of Environmental Economics and Management, Elsevier, vol. 32(2), pages 154-169, February.
    10. Hongjun, Guan & Liye, Dong & Aiwu, Zhao, 2023. "Energy structure dividend, factor allocation efficiency and regional productivity growth-- An empirical examination of energy restructuring in China," Energy Policy, Elsevier, vol. 172(C).
    11. H. Youn Kim & Junsoo Lee, 2001. "Quasi-fixed inputs and long-run equilibrium in production: a cointegration analysis," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(1), pages 41-57.
    12. Lee, Myunghun, 2008. "Environmental regulation and production structure for the Korean iron and steel industry," Resource and Energy Economics, Elsevier, vol. 30(1), pages 1-11, January.
    13. Abdullah, Maisom & Osman-Rani, H., 1989. "A Translog Cost Estimation of Capital-labour Substitubility in Malaysian Manufacturing Sector," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 20(December), pages 43-60.
    14. Myunghun Lee & Hwan-Ok Ma, 2001. "Substitution Possibility between Unpriced Pulp and Wastepaper in the U.S. Paper and Paperboard Industry," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(3), pages 251-273, March.
    15. Gaël Lagadec, 2004. "La stratégie des firmes multinationales face aux États : le cas de l’exploitation du nickel calédonien," Mondes en développement, De Boeck Université, vol. 125(1), pages 85-103.
    16. Lee, Myunghun, 2013. "The effects of an increase in power rate on energy demand and output price in Korean manufacturing sectors," Energy Policy, Elsevier, vol. 63(C), pages 1217-1223.
    17. Abdullah, Maisom, 1989. "Capital-labor substitutability in Malaysian manufacturing: alternative estimates and policy implications," ISU General Staff Papers 198901010800009905, Iowa State University, Department of Economics.
    18. Du, Minzhe & Liu, Yunxiao & Wang, Bing & Lee, Myunghun & Zhang, Ning, 2021. "The sources of regulated productivity in Chinese power plants: An estimation of the restricted cost function combined with DEA approach," Energy Economics, Elsevier, vol. 100(C).
    19. Timothy Considine & Donald F. Larson, 2012. "Short Term Electric Production Technology Switching Under Carbon Cap and Trade," Energies, MDPI, vol. 5(10), pages 1-21, October.
    20. Nguyen, Duong T.M. & McLaren, Keith Robert & Zhao, Xueyan, 2008. "Multi-Output Broadacre Agricultural Production: Estimating A Cost Function Using Quasi-Micro Farm Level Data From Australia," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 6009, Australian Agricultural and Resource Economics Society.
    21. Danny García Callejas, 2005. "Economic Growth, Consumption and Oil Scarcity in Colombia: A Ramsey model, time series and panel data approach," Borradores del CIE 4180, Universidad de Antioquia, CIE.
    22. Keith R. McLaren & Xueyan Zhao, 2009. "The Econometric Specification of Input Demand Systems Implied by Cost Function Representations," Monash Econometrics and Business Statistics Working Papers 3/09, Monash University, Department of Econometrics and Business Statistics.
    23. Diane Dupont & Steven Renzetti, 2001. "The Role of Water in Manufacturing," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(4), pages 411-432, April.

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