Partial Production Functions and the Analysis of Farm‐Firm Costs and Efficiency
作者:
Ezra Sadan,
期刊:
American Journal of Agricultural Economics
(WILEY Available online 1970)
卷期:
Volume 52,
issue 1
页码: 62-70
ISSN:0002-9092
年代: 1970
DOI:10.2307/1238163
出版商: Oxford University Press
数据来源: WILEY
摘要:
Abstract“Partial production functions” relating output to part of, rather than the entire array of, inputs employed are quite common in the production analysis of the biological subprocess in the farm‐firm. This article attempts to outline the framework within which this approach is reconcilable with the accepted theory of the firm. It also traces the derivation of the various cost functions from a set of partial production functions which, under certain conditions, may replace the single comprehensive one. An empirical example demonstrates the usefulness of this approach in relating cost variations to factor intensities or economics of scale which characterize a subprocess rather than the process of production as a whole.
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