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Author: Earl Orel Heady Publisher: Iowa State Press ISBN: Category : Business & Economics Languages : en Pages : 688
Book Description
Development of production function studies; Economic applications; Forms of production functions; Data analysis for production function estimation; Data collection for production function estimation; Economic specification of the production function; Pork production functions for hogs fed in drylot; Milk production functions and marginal rates of substitution between forage and grain; Production function and substitution coefficients for beef; Crop response surface and economic optima in fertilizer use.
Author: Earl Orel Heady Publisher: Iowa State Press ISBN: Category : Business & Economics Languages : en Pages : 688
Book Description
Development of production function studies; Economic applications; Forms of production functions; Data analysis for production function estimation; Data collection for production function estimation; Economic specification of the production function; Pork production functions for hogs fed in drylot; Milk production functions and marginal rates of substitution between forage and grain; Production function and substitution coefficients for beef; Crop response surface and economic optima in fertilizer use.
Author: Donald F. Larson Publisher: World Bank Publications ISBN: Category : Agriculture Languages : en Pages : 48
Book Description
Abstract: The paper presents empirical analysis of a panel of countries to estimate an agricultural production function using a measure of capital in agriculture absent from most studies. The authors employ a heterogeneous technology framework where implemented technology is chosen jointly with inputs to interpret information obtained in the empirical analysis of panel data. The paper discusses the scope for replacing country and time effects by observed variables and the limitations of instrumental variables. The empirical results differ from those reported in the literature for cross-country studies, largely in augmenting the role of capital, in combination with productivity gains, as a driver of agricultural growth. The results indicate that total factor productivity increased at an average rate of 3.2 percent, accounting for 59 percent of overall growth. Most of the remaining gains stem from large inflows of fixed capital into agriculture. The results also suggest possible constraints to fertilizer use.
Author: Howard Barnum Publisher: ISBN: Category : Agriculture Languages : en Pages : 18
Book Description
An estimated production function for the Muda river valley in Malaysia is used to examine three issues: (1) whether or not labor marginal product is zero, (2) whether or not farm households allocate resources efficiently and (3) whether or not agricultural labor markets are characterized by dualism. In areas where an active labor market exists the first two of these issues may be closely related to the third if family and hired labor can be considered separate factors of production. This study shows that if the labor aggregate is defined as the sum of family and hired labor the resulting production function estimate will be subject to specification bias which will render empirical tests of the issues mentioned invalid. Using separate variables for family and hired labor it is shown that the marginal product of family labor is positive and significantly different from zero and that farms are approximately allocatively efficient. The study does find, however, some substantiation for a mild degree of dualism in the labor market.
Author: Earl Orel Heady
Author: Earl Orel Heady
Author: David L. Debertin
Author: Michael A. Trueblood
Author: David L. Debertin
Author: A. C. Lewis
Author: Yair Mundlak
Author: K. Venkata Reddy
Author: Donald F. Larson
Author: David L. Debertin
Author: Howard Barnum