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Production and supply

In: Handbook of Agricultural Economics

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  • Mundlak, Yair

Abstract

The work of more than 50 years aimed at gaining empirical insight into the production structure of agriculture and the related modes of farmers' behavior is reviewed, and orders of magnitude of the various parameters of interest are quoted. The review follows the lines of the evolution of the pertinent research, and it builds on it in forming a general framework for empirical work. This approach broadens the scope of producers' decisions to include the choice of the implemented technology and it also overcomes statistical problems that have accompanied the relevant research for a long time.

Suggested Citation

  • Mundlak, Yair, 2001. "Production and supply," Handbook of Agricultural Economics,in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 1, chapter 1, pages 3-85 Elsevier.
  • Handle: RePEc:eee:hagchp:1-01
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    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General

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