Jump to Main Content
Production economics, averages and standards in research and extension
- Cozens, L.E.
- Australian journal of agricultural and resource economics 1965 v.9 no.2 pp. 111-128
- farm management, farms, production economics, production functions
- Though theoretically desirable, production functions are difficult both to obtain and to use. Farm standards have generally been the main vehicle for giving farm management advice, despite their defects. This article puts an argument for standards but concludes that more effort can be made to use standards derived from mathematically defined production functions.