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Production economics, averages and standards in research and extension

Author:
Cozens, L.E.
Source:
Australian journal of agricultural and resource economics 1965 v.9 no.2 pp. 111-128
ISSN:
1364-985X
Subject:
farm management, farms, production economics, production functions
Abstract:
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.
Agid:
419055