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This publication has been prepared as an aid for researchers and for teachers of advanced courses in production economics. Computer graphics is utilized as a highly adaptable tool for discovering shapes of agricultural production function surfaces. The first part of this publication presents...
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The purpose of this publication is explore some of the implications of recent work dealing with duality, elasticities of substitution, and translog specifications of production functions for agricultural research. These theoretical developments have a broad-based applicability to research in...
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The objective of this paper is to develop a model of the U.S. fertilizer industry, containing equations representing the supply, demand, price, imports, and exports of fertilizer products (both aggregate and specific). The model will be empirically estimated, and parameter estimates used to...
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This paper considers the specification of a production function, using crop-yield response to agricultural lime as an example. The paper first reviews neoclassical production theory, observing that this theory specifies neither the form nor the arguments of a production function. Several...
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This paper develops a model of the U.S. sheep industry with monthly data for 1964-1980. Consumption of lamb has decreased rapidly since 1970. Findings suggest that consumers are highly sensitive to changes in lamb prices relative to prices for beef and pork.
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