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The structure of production in ten Canadian industries

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Abstract

This paper presents an econometric analysis of the structure of production in ten Canadian industries. The analysis is undertaken using a static cost function and fairly standard econometric techniques. There are two unusual features of the analysis: capital is disaggregated into equipment and structures; and inventories of materials are included as a factor of production. These features facilitate a more complete analysis of the impact of changes to the costs of factors of production.

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Authors and Affiliations

  1. Department of Economics and Statistics, Organisation for Economic Co-operation and Development, USA

    F. Delorme

  2. Economic Studies and Policy Analysis Division, Fiscal Policy and Economic Analysis Branch, Department of Finance, Canada, KIA 0G5, Ottawa, Canada

    J. Lester

Authors
  1. F. Delorme
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  2. J. Lester
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Additional information

This paper was presented at the 1986 Meetings of the Canadian Economics Association, University of Manitoba. The authors wish to thank Alexandra Cas from Statistics Canada and Someshwar Rao from the Economic Council of Canada for providing the data and for helpful discussions. In writing this paper, we also have benefited from comments by Mario Albert, Jeffrey Bernstein, Erwin Diewert, Melvyn Fuss, Lorey Hoffman, Paul-Henri Lapointe, Kevin Lynch, Jack Mintz, BenoÎt Robidoux, Andrew Sharpe, John Walley and anonymous referees of this Journal. Expert technical assistance by Richard Hotte is also acknowledged. The authors retain sole responsibility for any remaining errors.

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Delorme, F., Lester, J. The structure of production in ten Canadian industries. Empirical Economics 15, 315–346 (1990). https://doi.org/10.1007/BF02307286

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