The Effects of the Pollution Cost Internalization on Taiwan’s Hog Industry

ASIA unversity > 管理學院 > 財務金融學系 > 期刊論文 > Item 310904400/17560

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Title:	The Effects of the Pollution Cost Internalization on Taiwan’s Hog Industry
Authors:	金大勇;Kam, Tai-Yung
Contributors:	財務金融學系
Date:	2002
Issue Date:	2012-11-26 02:37:04 (UTC+0)
Abstract:	Duality theory is utilized to develop a translog profit function (TPF) which includes one output (hog), three variable inputs (labour, fodder, and piglet), four fixed inputs (capital, farm size, location, and pollution cost). Based on the trade theory for small country, the factors of corn and soybean imports are introduced into the TPF model to examine the effects of pollution cost internalization on Taiwan's hog supply, input demand, and cereal imports, respectively. Through the analysis of output supply and input demand elasticities, the empirical results show that hog supply decreases 1.60%. The demands for labour, fodder, and piglets decrease 4.18%, 1.44%, and 1.3Percnt;, respectively. The decrease in fodder demanded leads the importation of corn and soybean to decrease 1.58% and 1.43%, respectively.
Relation:	APPLIED ECONOMICS LETTERS
Appears in Collections:	[財務金融學系] 期刊論文

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