EXPERIMENTS IN ROAD BUILDING PRODUCTION FUNCTION

TIENRAKENNUKSEN TUOTANTOFUNKTION KOKEILU

In the experiment the development in the productivity of TBB's own works in road building was studied with the aid of production function. A Cobb-Douglas-type production function was used. The inputs comprised work input, capital input (machines and cars) and contracts. The output was formulated in the same way as in the input/output-method. In some models the increased productivity due to the average size of machines and cars was eliminated. According to the production function, the productivity of TVB's own works increased an average 0.4% per year during the years 1972-82.

• Corporate Authors:

  Roads and Waterways Administration, Finland

  Opastinsilta 12
  Helsinki,   Finland 
• Authors:
  • Karhu, P
• Publication Date: 1983

Language

• Finnish

Media Info

• Features: Figures; Tables;
• Pagination: 66 p.

Subject/Index Terms

• TRT Terms: Capital costs; Construction equipment; Contracts; Productivity; Road construction
• ITRD Terms: 224: Cost; 9013: Development; 237: Economic efficiency; 255: Economics; 6136: Measurement; 3665: Road construction
• Subject Areas: Administration and Management; Construction; Highways;

Filing Info

• Accession Number: 00395047
• Record Type: Publication
• Source Agency: VTT Technical Research Centre of Finland
• Report/Paper Numbers: B 1/84 Monograph
• Files: ITRD, TRIS
• Created Date: Jan 31 1986 12:00AM