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000032348 037__ $$a1836-2016-150816
000032348 037__ $$a1836-2016-151243
000032348 041__ $$aen
000032348 245__ $$aMODELING OPERATING RATE DECISIONS IN THE CANADIAN FOREST INDUSTRIES
000032348 260__ $$c1989-12
000032348 269__ $$a1989-12
000032348 300__ $$a13
000032348 336__ $$aJournal Article
000032348 446__ $$aEnglish
000032348 520__ $$aThis article examines the problem of characterizing production structures when there is input fixity but fixed inputs can be utilized with varying intensities.  Unless the rate of utilization of quasi-fixed factors is adequately measured, primal or dual characterizations of producer behavior common in the empirical literature may not be valid.  The problem is overcome by specifying another input, the operating rate, which firms can use the short run to adjust to unexpected market changes when there is quasi-fixity in production.  The model is applied to the Canadian pulp and paper and sawmilling industries.  The results do not permit rejection of the hypotheses of quasi-fixity and varying utilization of quasi-fixed factors in the short run.  A model of instantaneous adjustment of factor inputs is clearly outperformed by the quasi-fixity model incorporating an operating rate decision.
000032348 650__ $$aProduction Economics
000032348 700__ $$aConstantino, Luis
000032348 700__ $$aTownsend, Gary
000032348 773__ $$dDecember 1989$$j 14$$k 2$$o280$$q268$$tWestern Journal of Agricultural Economics
000032348 8564_ $$s1269067$$uhttps://ageconsearch.umn.edu/record/32348/files/14020268.pdf
000032348 887__ $$ahttp://purl.umn.edu/32348
000032348 909CO $$ooai:ageconsearch.umn.edu:32348$$pGLOBAL_SET
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  Previous issue date: 1989-12
000032348 982__ $$gWestern Journal of Agricultural Economics>Volume 14, Number 02, December 1989
000032348 980__ $$a1836