Abdulkadri, Abdullahi; Langemeier, Michael; … - In: Applied Economics 38 (2006) 2, pp. 191-201
This study uses duality to examine the effects of excluding output price risk and risk aversion on cost structures. Using data for Kansas wheat and beef-cow operations, a dual risk model was used to determine multi-product and product-specific scale economies, and economies of scope. Estimates...