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In Romania there are large areas of unused pasture, which are well suited for the meat breeds and the geoclimatic conditions are favorable for beef. The beef breeds are more profitable than the milk ones. They have a yield of 65-70% cut, the meat quality is very good and the animals are not at...
Persistent link: https://www.econbiz.de/10011156967
Impact analysis of changes in production inputs may be simplified if one can apply a constant adjustment factor to profit. In particular, if a production function can be found for which the elasticity of profit is constant and this function has desirable properties, then one can use the input...
Persistent link: https://www.econbiz.de/10005835998
the Faculty of Agro-food and Environmental Economics, Bucharest University of Economic Studies, Romania. The conference … 'Competitiveness of agro-food and Environmental economy’ (CAFEE`12), organized by Faculty of Agro-Food and Environmental Economics and … Institute of Agricultural and Food Economics, National Research Institute, Poland, St James's Business School(UK), University of …
Persistent link: https://www.econbiz.de/10011260056
This study uses stochastic Cobb-Douglas production frontier to estimate farm level technical efficiency of rice farms. Average technical efficiency of sampled farms was estimated to be 85 percent with a minimum of 57 percent and a maximum of 96 percent. The results further showed that the visits...
Persistent link: https://www.econbiz.de/10011109545
Economics does not need a scientific revolution. Economics needs accurate measurements according to high standards of …
Persistent link: https://www.econbiz.de/10005835676
This paper focuses on induction, because the supposed weaknesses of that process are the main reason for favouring falsificationism, which plays an important part in scientific methodology generally; the paper is part of a wider study of economic methodology. The standard objections to, and...
Persistent link: https://www.econbiz.de/10005836295
Interest in thermodynamic analogies in economics is older than the idea of von Neumann to look for market entropy in …
Persistent link: https://www.econbiz.de/10005836640
Mathematics has been extremely effective in physics, but not in economics beyond finance. To establish economics as …
Persistent link: https://www.econbiz.de/10005836648
economics operate with its overall accepted concepts such as: capital, labour force, offer, demand, money, unemployment, market … have proved. We need an appropriate apparatus, suitable insights to handle the nearly future: to rewrite the economics. As …
Persistent link: https://www.econbiz.de/10005836757
This article outlines work in progress on a study of technological choice in the context of North-South development. Its main purpose is to describe the methodology being developed in the pilot phase of the study. This is of interest because it links together a number of analytic...
Persistent link: https://www.econbiz.de/10005837262