광주 전남지역 제조업의 생산구조

• 영문명: The Structure of Production on Manufacturing in Kwangju-Chonam
• 발행기관: 한국지역개발학회
• 저자명: 김일태(Kim IlTae) 김상호(Kim SangHo)
• 간행물 정보: 『한국지역개발학회지』제6권 제2호, 43~56쪽, 전체 14쪽
• 주제분류: 사회과학 > 지역개발
• 파일형태: PDF
• 발행일자: 1994.12.30

영문 초록

The purpose of this paper is to analyze the structure of production for manufacturing industry in Kwangju-Chonnam, using CES Production function and three input(capital, labor, and material) translog cost function. We used time-series data of 1979-1990, combined with cross-sectional data corresponding to firm sizes. The result estimating CES production function shows that elasticity of substitution is 0.24-1.13 and implies that labor is complement to capital. In case of translog cost function, we show that three inputs of production : labor, capital, and material are Allen-substitutes each other and that material and capital are complements for small firms, but substitutes for large firms. Further, we find that the substitutability between labor and capital increases as the firm size increases.