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Author: Charles Britt Moss Publisher: World Scientific ISBN: 9811241279 Category : Business & Economics Languages : en Pages : 576
Book Description
Production economics is that branch of microeconomics that examines producer decisions. This book focuses on the empirical estimation of these relationships using primal, dual, and differential specifications. The primal specification models production decisions based on the production function — estimation of the input/output relationship and the derivation of optimization behavior from this technical relationship. The dual approach estimates production decisions using economic information such as input and output prices. The textbook then develops the linkages between these relationships. The differential specification is an alternative approach derived from changes in the first-order conditions from cost minimizing behavior. In each case, the theoretical development is followed by different empirical specifications that can be used to estimate the producer's choice.
Author: Charles Britt Moss Publisher: World Scientific ISBN: 9811241279 Category : Business & Economics Languages : en Pages : 576
Book Description
Production economics is that branch of microeconomics that examines producer decisions. This book focuses on the empirical estimation of these relationships using primal, dual, and differential specifications. The primal specification models production decisions based on the production function — estimation of the input/output relationship and the derivation of optimization behavior from this technical relationship. The dual approach estimates production decisions using economic information such as input and output prices. The textbook then develops the linkages between these relationships. The differential specification is an alternative approach derived from changes in the first-order conditions from cost minimizing behavior. In each case, the theoretical development is followed by different empirical specifications that can be used to estimate the producer's choice.
Author: Heinz D. Kurz Publisher: Cambridge University Press ISBN: 9780521588676 Category : Business & Economics Languages : en Pages : 596
Book Description
This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are characterised by a particular kind of primary input in the production process, such as different kinds of labour and natural resources. These systems and the corresponding prices can be understood to reflect characteristic features of a capitalist market economy in an ideal way: they express the pure logic of the relationship between value and distribution in an economic system. Specific chapters deal with prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labour. The historical origins of the concepts used are also discussed in considerable detail.
Author: Travis Minor Publisher: Routledge ISBN: 042955916X Category : Business & Economics Languages : en Pages : 245
Book Description
Food loss is a serious issue in the United States. It affects all aspects of the supply chain, from farmers to consumers. While much is already known about loss at the consumer level, our understanding of the amount of food that never makes it to this stage is more limited. The Economics of Food Loss in the Produce Industry focuses on the economics of food loss as they apply to on-farm produce production, and the losses that are experienced early. The book both analyses current food loss literature and presents new empirical research. It draws lessons from those who have encountered these issues by focusing on how past regional or national estimates of food loss have been conducted with varying degrees of success. It includes chapters on several themes: understanding food loss from an economic perspective; efforts to measure food loss; case studies across commodities within the produce industry; and economic risks and opportunities. The commodity case studies provide detailed discussion of factors impacting changes in loss levels within the produce industry, and a wealth of knowledge on strategies and contexts is developed. The book concludes by identifying critical knowledge gaps and establishing future priorities. This book serves as an essential reference guide for academics, researchers, students, legislative liaisons, non-profit associations, and think tank groups in agriculture and agricultural economics.
Author: John P. Doll Publisher: ISBN: Category : Business & Economics Languages : en Pages : 424
Book Description
Production and cost functions; Allocation of one variable input; Production with two or more variable inputs; Productions of two or more products; The production process through time; Economics of size and their implications for farms; Introduction to decision theory; Linear programming; Farm adjustments in a changing economy.
Author: Peter Harboe Castberg Publisher: Forgotten Books ISBN: 9781396628375 Category : Business & Economics Languages : en Pages : 402
Book Description
Excerpt from Production: A Study in Economics An increasing Inclination on the Part of the People to do Business tightens the Money Market 5 194 5 195 5 196. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Robert G. Chambers Publisher: Cambridge University Press ISBN: 9780521314275 Category : Business & Economics Languages : en Pages : 352
Book Description
This book contains a modern treatment of production economics from a dual perspective, with special emphasis on recent developments. Results that were scattered throughout professional journals and monographs are now gathered into an integrated approach using a common notation. The book prepares the reader to apply the tools of the dual approach to real world problems and data sets. Particular care has been devoted to choosing topics for discussion that achieve this goal. Throughout the book there are worked examples and exercises, which are geared toward developing the reader's facility in using modern developments in production economics. Separate chapters are devoted to production, cost, and profit functions. Other topics include flexible functional forms, aggregation across inputs and outputs using the theory of separable structures, aggregation over economic optimizing firms, the representation of multioutput technologies, and the analysis and measurement of technical change from both a primal and a dual perspective.
Author: Sven Dano Publisher: Springer Science & Business Media ISBN: 3709181402 Category : Technology & Engineering Languages : en Pages : 226
Book Description
This book is a result of many years' interest in the economic theory of pro duction, first aroused by the reading of Professor ERICH SCHNEIDER'S classic Theorie der Produktion. A grant from the Danish-Norwegian Foundation made it possible for me to spend six months at the Institute of Economics, University of Oslo, where I became acquainted with Professor RAGNAR FRISCH'S penetrating pioneer works in this field and where the plan of writing the present book was conceived. Further studies as a Rockefeller fellow at several American univer sities, especially an eight months' stay at the Harvard Economic Research Pro ject, and a visit to the Unione Industriale di Torino have given valuable impulses. For these generous grants, and for the help and advice given by the various institutions I have visited, I am profoundly grateful. My sincere thanks are also due to the University of Copenhagen for the ex ceptionally favourable working conditions which I have enjoyed there, and to the Institute of Economics-especially its director, Professor P. N0RREGAARD RASMUSsEN-for patient and encouraging interest in my work. I also wish to thank the Institute's office staff, Miss G. SUENSON and Mrs. G. STEN0R, for their constant helpfulness, and Mrs. E. HAUGEBO for her efficient work in preparing the manuscript, which was completed in the spring of 1965.
Author: Charles Britt Moss
Author: Charles Britt Moss
Author: Peter Harboe Castberg
Author: David L. Debertin
Author: Heinz D. Kurz
Author: Travis Minor
Author: John P. Doll
Author: Henry Charles Taylor
Author: Peter Harboe Castberg
Author: Robert G. Chambers
Author: Sven Dano