An Estimation of the Potential Utilization in Iranian Pharmaceutical Industry Involved in the Stock Exchange, 2008-2012. Article Swipe
Majid Annabi
,
Abbas Kebriaeezadeh
,
T Mohammadi
,
Seyed Nasrolah Marashi Shoshtari
,
Farid Abedin Dorkoosh
,
Abolghasem Pourreza
,
Hassan Heydari
·
YOU?
·
· 2017
· Open Access
·
YOU?
·
· 2017
· Open Access
·
The aim of this study was to measure the potential of production and the capacity used in the pharmaceutical industry. Capacity use is the actual production rate to the potential output, which reflects the gap between actual production and production capacity. Through econometric methods, translog cost function in the short run along with functions of share cost of production factors is estimated through seemingly unrelated repeated regression (SURE) as a multivariate regression analysis provided by zeller. During the study the capacity used is decreasing. The capacity used, which calculated by weighted average, also decreased and the amount during the study period is much less than the simple average of the industry. Average capacity utilization in the industry over five years of study is equal to 57% while the average capacity used calculated by the weighted of industry average is 37%. To enhance the economic potential requires a proper use of resources, creation of favorable economic structure and productivity of the industry. Due to the large amount of unused capacity in the pharmaceutical industry there is no need to invest anymore unless in new grounds and it is obvious that more investment will change using capacity.
Related Topics
Concepts
Capacity utilization
Productivity
Production (economics)
Pharmaceutical industry
Investment (military)
Econometrics
Stock (firearms)
Production function
Econometric model
Estimation
Economics
Business
Industrial organization
Microeconomics
Biotechnology
Engineering
Macroeconomics
Political science
Politics
Mechanical engineering
Law
Management
Biology
Metadata
- Type
- article
- Language
- en
- Landing Page
- https://pubmed.ncbi.nlm.nih.gov/29552074
- OA Status
- green
- References
- 19
- Related Works
- 10
- OpenAlex ID
- https://openalex.org/W2752411032
All OpenAlex metadata
Raw OpenAlex JSON
- OpenAlex ID
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https://openalex.org/W2752411032Canonical identifier for this work in OpenAlex
- Title
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An Estimation of the Potential Utilization in Iranian Pharmaceutical Industry Involved in the Stock Exchange, 2008-2012.Work title
- Type
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articleOpenAlex work type
- Language
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enPrimary language
- Publication year
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2017Year of publication
- Publication date
-
2017-01-01Full publication date if available
- Authors
-
Majid Annabi, Abbas Kebriaeezadeh, T Mohammadi, Seyed Nasrolah Marashi Shoshtari, Farid Abedin Dorkoosh, Abolghasem Pourreza, Hassan HeydariList of authors in order
- Landing page
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https://pubmed.ncbi.nlm.nih.gov/29552074Publisher landing page
- Open access
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YesWhether a free full text is available
- OA status
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greenOpen access status per OpenAlex
- OA URL
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https://www.ncbi.nlm.nih.gov/pmc/articles/5843327Direct OA link when available
- Concepts
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Capacity utilization, Productivity, Production (economics), Pharmaceutical industry, Investment (military), Econometrics, Stock (firearms), Production function, Econometric model, Estimation, Economics, Business, Industrial organization, Microeconomics, Biotechnology, Engineering, Macroeconomics, Political science, Politics, Mechanical engineering, Law, Management, BiologyTop concepts (fields/topics) attached by OpenAlex
- Cited by
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0Total citation count in OpenAlex
- References (count)
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19Number of works referenced by this work
- Related works (count)
-
10Other works algorithmically related by OpenAlex
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