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This study includes an estimate of cost functions for paddy farms in Formosa. Two types of estimational techniques are used; namely regression estimates and synthesized or budgeted cost curves. Long-run and short-run regression-derived curves are estimated for rice and sweet potato farms from...
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An important decision variable in the promotional strategy for the beef sector is the optimal level of advertising expenditures over time. Optimal stochastic and deterministic advertising expenditures are derived for the U.S. beef industry for the period `1966 through 1980. They are compared...
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