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    Author(s): T. C. Marcin
    Date: 1991
    Source: Proceedings of the 1991 Symposium on Systems Analysis in Forest Resources : March 3-6, 1991, Charleston, South Carolina. Asheville, NC : Southeastern Forest Experiment Station, 1991. General technical report SE; 74.:p. 225-240.
    Publication Series: General Technical Report (GTR)
    Station: Forest Products Laboratory
    PDF: View PDF  (49.0 MB)

    Description

    A cost function approach was examined for using the concept of duality between production and input factor demands. A translog cost function was used to represent residential construction costs and derived conditional factor demand equations. Alternative models were derived from the translog cost function by imposing parameter restrictions.

    Publication Notes

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    • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.

    Citation

    Marcin, T. C. 1991. Cost function approach for estimating derived demand for composite wood products. Proceedings of the 1991 Symposium on Systems Analysis in Forest Resources : March 3-6, 1991, Charleston, South Carolina. Asheville, NC : Southeastern Forest Experiment Station, 1991. General technical report SE; 74.:p. 225-240.

    Keywords

    Composite wood assemblies, Production economics, Economic dualism, Composite boards, Costs, Demand, Economics, Translog cost function

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