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- Rolfe, John, et al. Show all 2 Author
- Ecological economics 2016 v.128 pp. 44-54
- beef; beef cattle; business enterprises; case studies; ecological value; environmental health; meat production; perfect competition; production functions; rangelands; Australia
- ... In agricultural systems the value of environmental inputs can be measured using the production function approach whereby the marginal contributions of factors are associated with a shadow value under perfect competition and rationality assumptions. However, empirical studies show that inefficiency in production is common indicating that the rationality assumption is not met. Furthermore, substanti ...