Allocable fixed inputs as a cause of joint production: an empirical investigation
通过估计短期联合成本函数,研究了可分配固定投入在多大程度上导致农业中的联合生产,发现对威斯康星州160个农场而言,这种影响很小,技术因素才是主因。
Leathers (1991) shows that while the existence of allocable fixed inputs can cause joint production (as in Shumway, Pope and Nash, 1984), it will not necessarily lead to joint production. The extent to which allocable fixed inputs cause joint production in agriculture is an empirical question. This paper offers an empirical answer. By estimating a short-run joint cost function, it is possible to identify levels of outputs for which joint production may be optimal in the short run but not in the long run. Only in these output regions will there be jointness caused by allocable fixed inputs. For the data in this paper (160 Wisconsin farms), these output regions are very small; thus allocable fixed inputs do not appear to be an important cause of jointness for these farms. Technical causes of jointness appear to be a significant cause of joint production.