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This article presents a general conceptual framework for integrating agronomic principles into economic production analysis. We categorize inputs in crop production into growth inputs and facilitating inputs. Based on this dichotomy we specify an asymmetric production function. The robustness of...
Persistent link: https://www.econbiz.de/10005291214
Tradable permits are generally considered as an efficient instrument to regulate pollution by individual producers. However, uncertainty about changes in or possible discontinuation of the program could make individual farmers reluctant to invest in tradable permits. This article uses the option...
Persistent link: https://www.econbiz.de/10005202283
Tradable permits are generally considered as an efficient instrument to regulate pollution by individual producers. However, uncertainty about changes in or possible discontinuation of the program could make individual farmers reluctant to invest in tradable permits. This article uses the option...
Persistent link: https://www.econbiz.de/10009397671
This article presents a general conceptual framework for integrating agronomic principles into economic production analysis. We categorize inputs in crop production into growth inputs and facilitating inputs. Based on this dichotomy we specify an asymmetric production function. The robustness of...
Persistent link: https://www.econbiz.de/10009397945
The recent reform of the Common Agricultural Policy, which decouples farm subsidies from production, is expected to impact on farmers' production decisions. We perform a cross-country farm-level empirical analysis of farmers' production responses to these reforms using a panel dataset for the...
Persistent link: https://www.econbiz.de/10010721801