Abstract
The purpose of this paper is to establish short-run industry production functions for the Norwegian primary aluminum industry. This approach follows ideas put forward by Leif Johansen. The key assumption—which makes industrial structure an interesting concept—is that substitution possibilities ex post are more restricted than ex ante for each establishment. Long-run aspects, such as structural change and technical progress, are revealed by comparing changes in the industry production function over the period 1966–1978.
This paper is based on Førsund & Jansen (1983). Kjell Rosanoff provided efficient research assistance at an earlier stage of the work.
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References
Førsund, F. R. & Hjalmarsson, L.: Technological progress and structural change in the Swedish cement industry 1955–1979. Forthcoming, Econometrica, 1983.
Førsund, F. R. & Jansen, E. S.: Analysis of energy-intensive industries—the case of Norwegian aluminium production. In Analysis of supply and demand of electricity in the Norwegian economy (ed. O. Bjerkholt et al.). Social Economic Studies, 53, Central Bureau of Statistics, Oslo, 1983.
Hildenbrand, W.: Short-run production functions based on microdata. Econometrica 49, 1095–1125, 1981.
Johansen, L.: Production functions. North Holland Publ. Co., Amsterdam, 1972.
Johansen, P. & Thonstad, J.: Aluminium processing, technology and prospects. Final report (in Norwegian). SINTEF-rapport STF 34, Trondheim, 1979.
Salter, W. E. G.: Productivity and technical change. Cambridge University Press, Cambridge, UK, 1960.
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© 1984 The Scandinavian Journal of Economics
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Førsund, F.R., Jansen, E.S. (1984). Technical Progress and Structural Change in the Norwegian Primary Aluminum Industry. In: Førsund, F.R. (eds) Topics in Production Theory. Scandinavian Journal of Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-07123-4_2
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DOI: https://doi.org/10.1007/978-1-349-07123-4_2
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