A FAMILY OF AGRONOMIC PRODUCTION FUNCTIONS WITH ECONOMIES OF SCOPE

This paper derives a family of multiple-output multiple-input production functions from the underlying technologies. These technologies are represented by average yield functions for each of the commodities (crops) produced from a common pool of resources. The production functions are implicitly separable. Examples include the CRETH, translog, generalised power and generalised McFadden functions. Moreover, given a function which is a member of this family, the individual commodity yield and production functions can be recovered. Such implicitly separable multiple-output production functions may exhibit economies or diseconomies of scope which reflect the interactions between outputs sharing a common pool of resources.


Issue Date:
1989-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22584
Published in:
Australian Journal of Agricultural Economics, Volume 33, Number 2
Page range:
108-122
Total Pages:
15




 Record created 2017-04-01, last modified 2017-08-24

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