Showing 1 - 6 of 6
The agricultural production of Indian farmers is investigated using a stochastic frontier production function which incorporates a model for the technical inefficiency effects. Farm-level data from the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) are used. Variables...
Persistent link: https://www.econbiz.de/10005805717
During the 1950s and 1960s pipelines were built to provide water to many farms in the central wheatbelt of Western Australia using public funds. The resulting network has become known as the Comprehensive Water Supply Scheme. The expansion of the Scheme is currently under consideration. An ex...
Persistent link: https://www.econbiz.de/10005805663
In this paper recent developments in the estimation of frontier functions and the measurement of efficiency are surveyed, and the potential applicability of these methods in agricultural economics is discussed. Frontier production, cost and profit functions are discussed, along with the...
Persistent link: https://www.econbiz.de/10005805740
This paper considers a statistical model for a production frontier that is consistent with the traditional (nonstochastic) definition of a production function given in microeconomic theory. Limiting cases of the model are the familiar average production function and an envelope production...
Persistent link: https://www.econbiz.de/10005493312
A review of crop-insurance schemes is followed by a discussion of a guaranteed-yield, crop-insurance plan. General formulae for the distribution function and mathematical expectation of indemnities for the insurance plan are presented in terms of the distribution of crop yields. Three special...
Persistent link: https://www.econbiz.de/10005493351
In livestock feeding experiments the problem of recursiveness arises because the quantity of feed consumed by an animal is a function of its past history of feeding. The problem is most acute where experiments are designed to analyse sub ad lib feeding. The analysis of such experiments...
Persistent link: https://www.econbiz.de/10005525502