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| Registros recuperados: 38 | |
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| Peterson, Willis L.. |
| Accurate estimates of returns to scale require that inputs and output are measured without error and that environmental and managerial differences among firms of varying sizes are taken into account. Measurement problems affecting estimates of returns to scale in agriculture include: (1) combining the farm dwelling with capital inputs, (2) correlation of environmental and management characteristics with size and (3) the effect of off-farm employment on small farm output and production costs. Estimates of long run average total cost curves for farms in the corn belt reveal that after the above factors are taken into account, estimated scale economies in agriculture disappear, while there is evidence of diseconomies as farm size increases. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management; Productivity Analysis. |
| Ano: 1997 |
URL: http://purl.umn.edu/13411 |
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| Peterson, Willis L.. |
| Due to a lack of internationally comparable agricultural price data, implicit output/input price ratios are constructed as the reciprocals of input MPPs. The MPPs are estimated by a production function fitted to data from a world cross section of 119 countries. Although the output/purchased input price rations are substantially higher for the developed nations than the less developed countries, the opposite is true of the output/labor price ratio. The price of agricultural output relative to wages and per capita income is nearly three times greater in the third world than in the developed countries. Price and trade policies which maintain output prices in developing countries below world market levels are seen as a compromise between the low... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Development. |
| Ano: 1990 |
URL: http://purl.umn.edu/14133 |
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| Peterson, Willis L.. |
| Favorable conditions existed for world economic growth during the 1980s and early 1990s. Yet real GDP growth rates for 76 out of 87 countries included in this study decreased during this time, relative to the 1968-80 period. The middle income countries experienced the greatest decline in growth rates, followed by the low income group. Theory and evidence suggest that an increase in the instability of the growth rate of the money supply, largest in the middle income countries and next largest in the low income nations, contributed to this decline. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Financial Economics; International Development. |
| Ano: 1998 |
URL: http://purl.umn.edu/12980 |
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| Peterson, Willis L.. |
| Demand functions for teaching, research and extension (TRE) personnel in seven administrative units of U.S. agricultural experiment stations are estimated from panel data, decennial observations, 1950 to 1987. The results reveal that the demand for the services of TRE personnel has not declined in the 1980s, given the demographic and economic conditions of the times. Moreover, there is no evidence to suggest that the long run demand elasticities have declined during the post-World War II period in spite of economic growth. From these results one might conclude that the demand for the services produced by experiment stations will continue to increase as the real value of agricultural production, population, and real per capita income increase. However,... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies; Teaching/Communication/Extension/Profession. |
| Ano: 1989 |
URL: http://purl.umn.edu/14229 |
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| Registros recuperados: 38 | |
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