Production Function Analysis of the Stone Industry in the West Bank and Gaza
Article info
2002-03-24
2003-02-09
2003-02-09
277 - 289
Keywords
Abstract
This study estimated a generalized constant elasticity of substitution (CES) and Cobb-Douglas production functions of the Palestinian stone cutting industry in 1997 by using the ordinary least squares (OLS) technique. Results of the study revealed that the stone industry, in general, was characterized by decreasing returns to scale, while small firms enjoyed constant returns to scale. Also, it was found that the output elasticity with respect to labor, was greater than the output elasticity with respect to capital. In addition, a significant statistical difference at 1% level of significance was found between large and small firms in the sense that large firms faced a low elasticity of substitution between labor and capital, while small firms had higher possibilities of substituting labor for capital.These articles may interest you also
- The Impact of Management Information Systems features on Employees Innovation (An empirical study on the Jordanian Commercial Banks in Northern Region)
- Determinants of Capital Structure Choice: A Case Study of Jordanian Industrial Companies
- Analysis the Labor-Intensity of Growth in the Palestinian Economy for the Period 2001-2010
- Determinants of Labor Supply and Labor Force Participation in the West Bank and Gaza Strip
- Real and Accrual Earnings Management and Stock Market Returns: (Practical Study on Listed Firms of Palestine and Amman Stock Exchange Markets)
- Elasticity of Intercity Buses in the West Bank
- Substitution of Foreign Prescribed Medicines by Community Pharmacies in Palestine: A Legal and Pharmaco-Economic Analysis
- The Discovered Winepress at Khirbet Shuwayka
- Palestinian Businesses in the West Bank: An Exploratory Study of SME Exporting Activities, Motivations, Needs and Barriers
- The Influence of Working in Stone Crushing Factories on Specific Respiratory Parameters
Production Function Analysis of the Stone Industry in the West Bank and Gaza
معلومات المقال
2002-03-24
2003-02-09
2003-02-09
277 - 289
الكلمات الإفتتاحية
الملخص
This study estimated a generalized constant elasticity of substitution (CES) and Cobb-Douglas production functions of the Palestinian stone cutting industry in 1997 by using the ordinary least squares (OLS) technique. Results of the study revealed that the stone industry, in general, was characterized by decreasing returns to scale, while small firms enjoyed constant returns to scale. Also, it was found that the output elasticity with respect to labor, was greater than the output elasticity with respect to capital. In addition, a significant statistical difference at 1% level of significance was found between large and small firms in the sense that large firms faced a low elasticity of substitution between labor and capital, while small firms had higher possibilities of substituting labor for capital.These articles may interest you also
- أثر خصائص نظم المعلومات الإدارية على إبداع العاملين في البنوك التجارية الاردنية (دراسة ميدانية على العاملين في البنوك التجارية الاردنية في قطاع الشمال)
- محددات اختيار هيكل رأس المال: دراسة حالة في الشركات الصناعية الاردنية
- تحليل الكثافة العمالية للنمو في الاقتصاد الفلسطيني للفترة 2001-2010
- Determinants of Labor Supply and Labor Force Participation in the West Bank and Gaza Strip
- ممارسات إدارة الأرباح بالمستحقات والأنشطة الحقيقية وعلاقتها بالعوائد السوقية للأسهم (دراسة تطبيقية على الشركات المدرجة في سوقي فلسطين وعمّان للأوراق المالية)
- معدل مرونة ركاب الباصات بين المدن في الضفة الغربية
- تبديل وصفات الأدوية الأجنبية في صيدليات المجتمع في فلسطين دراسة قانونية صيدلانية اقتصادية
- The Discovered Winepress at Khirbet Shuwayka
- المشاريع التجارية الفلسطينية في الضفة الغربية: دراسة استكشافية للأنشطة التصديرية للمشاريع الصغيرة والمتوسطة: الدوافع والاحتياجات والمعوقات
- أثر العمل في مناشير الحجارة على مقاييس تنفسية مختارة
An-Najah National University
Nablus, Palestine
Nablus, Palestine
- P.O. Box
- 7, 707
- Fax
- (970)(9)2345982
- Tel.
- (970)(9)2345560
- (970)(9)2345113/5/6/7-Ext. 2628
- scresearch@najah.edu
- Dean
- Prof. Rowa Ramahi