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| Duloy, J.H.. |
| During the twenty years or so since some early estimations of production functions in agriculture there has been considerable discussion of many of the technical problems associated with such estimation. Although the simultaneous nature of production decisions, leading to the determination of input levels in the production function, was pointed out early in the piece by Marschak and Andrews, little attention has been paid to this aspect of the problem until comparatively recently. The only systematic treatment of these problems is that of Hoch, although there appeared recently in the Economic Record an extended controversy between Konijn and Soper. The purpose of the present paper is to demonstrate that when the profit maximisation conditions are cast in a... |
| Tipo: Journal Article |
Palavras-chave: Production Economics. |
| Ano: 1964 |
URL: http://purl.umn.edu/22659 |
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| Duloy, J.H.; Battese, George E.. |
| In livestock feeding experiments the problem of recursiveness arises because the quantity of feed consumed by an animal is a function of its past history of feeding. The problem is most acute where experiments are designed to analyse sub ad lib feeding. The analysis of such experiments encounters two important problems. The first is that the actual quantity of feed consumed is an endogenous variable and is not directly under the control of the experimenter or the livestock producer. The second problem is the mathematical complexity of the relationships involved. A solution is suggested as a quasi reduced-form model. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1967 |
URL: http://purl.umn.edu/22749 |
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