The purpose of this paper is first to examine why a profit function approach is methodologically more flexible and statistically better suited for estimation than a production function model. Then it is to present a brief theoretical overview underlying the profit function approach. Thirdly and...

This publication is a list of staff papers, extension publications, Economic Development Center bulletins, Center for International Food and Agricultural Policy papers, The Retail Food Industry Center working papers, journal articles, books, chapters, monographs, speeches, and theses published...

Minnesota Valley Alfalfa Producers Cooperative (MNVAP), a farmer-owned cooperative based in west central Minnesota, has contracted to provide 75 megawatts of electric power produced from alfalfa stem biomass. The cooperative is considering a novel enterprise--the production of both electrical...

The "quality issue" in the agri-food sector has been gaining importance over the past few years. Firms are continually searching for techniques and tools which permit production of goods that meet as many as possible of the characteristics demanded by the market. Quality assurance methods and...