Drying and Milling Cost Functions of Paddy: Empirical Estimates for Government Processing Complexes in Malaysia
In this paper, the statistical cost function approach was used to model the drying and milling cost for government paddy/rice processing complexes in Malaysia. The quadratic and inverse cost [unctions were estimated. The results suggest that there exists cost economies at relatively high output le...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
| Published: |
1988
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| Online Access: | http://psasir.upm.edu.my/id/eprint/2570/1/Drying_and_Milling_Cost_Functions_of_Paddy_Empirical_Estimates.pdf |
| Summary: | In this paper, the statistical cost function approach was used to model the drying and milling cost
for government paddy/rice processing complexes in Malaysia. The quadratic and inverse cost [unctions
were estimated. The results suggest that there exists cost economies at relatively high output levels for
both the drying and milling operations. Examination of output data indicates that a large number of
government paddy mills operate at low outputs, with cost economies unexploited. |
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