English, Article edition: PETROLEUM REFINING INDUSTRY: AN ASSESSMENT OF ITS PRODUCTION STRUCTURE * OTHMAN E. MOHAMMED; NADEEM A. BURNEY

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/120203
Physical Description
  • article
Language
  • English

Edition details

Title
  • PETROLEUM REFINING INDUSTRY: AN ASSESSMENT OF ITS PRODUCTION STRUCTURE *
Author
  • OTHMAN E. MOHAMMED
  • NADEEM A. BURNEY
Physical Description
  • article
Notes
  • Cost structure of petroleum refining industry in Kuwait has been examined, with specific focus on factor substitution, and economies of scale and utilisation. This has been done by estimating translog cost functions, both long-run and short-run, using annual time-series data covering the period from 1976 to 1998. The results indicate that the implied production structure is non-homothetic, and the pattern of scale effect is labour and capital saving but material using. The evidence also supports presence of induced exogenous technical change, which is non-neutral (labour and capital using, and material saving). The elasticity of substitution between capital and labour is negative, implying that the two inputs are complements. The results also indicate absence of economies and diseconomies of scale in the petroleum refining industry. Copyright Blackwell Publishing Ltd/​University of Adelaide and Flinders University 2006.
  • RePEc:bla:ausecp:v:45:y:2006:i:1:p:75-88
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment