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Production economics: Worthwhile investment?

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  • C. Richard Shumway

Abstract

Agricultural production economics research is examined within a broad framework of scientific development and utilization. Recent findings in selected areas of the subdiscipline are examined and opportunities for further fruitful inquiry are identified. A few 'stylized facts' emerge from recent work and suggest the need for much careful hypothesis testing, model exploration, and empirical sensitivity analysis in the future.

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  • C. Richard Shumway, 1993. "Production economics: Worthwhile investment?," Agricultural Economics, International Association of Agricultural Economists, vol. 9(2), pages 89-108, August.
    • Handle: RePEc:bla:agecon:v:9:y:1993:i:2:p:89-108
    DOI: 10.1111/j.1574-0862.1993.tb00260.x
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    28. James A. Chalfant, 1984. "Comparison of Alternative Functional Forms with Application to Agricultural Input Data," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(2), pages 216-220.
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    1. Shumway, C. Richard, 1995. "Recent Duality Contributions In Production Economics," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(01), pages 1-17, July.

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