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Choosing an Empirical Production Function: Theory, Nonnested Hypotheses, Costs of Specifications AgEcon
Hall, Harry H..
This paper considers the specification of a production function, using crop-yield response to agricultural lime as an example. The paper first reviews neoclassical production theory, observing that this theory specifies neither the form nor the arguments of a production function. Several functions that are consistent with the theory are then evaluated by goodness-of-fit tests, by nonnested-hypothesis tests, and by "costs of misspecification." Neither goodness-of-fit tests nor nonnested-hypothesis tests provide a clear choice among the candidate functions; costs of misspecification provide some choice.
Tipo: Working or Discussion Paper Palavras-chave: Functional forms; Neoclassical production theory; Production functions; Response functions; Specification.; Production Economics.
Ano: 1998 URL: http://purl.umn.edu/31977
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ON EVALUATING CROP RESPONSE TO LIME IN THE TENNESSEE VALLEY REGION AgEcon
Hall, Harry H.; Free, W. Joe.
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 1979 URL: http://purl.umn.edu/30025
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Economic Analysis of the Impact of Paratuberculosis on the Kentucky Cattle Industry AgEcon
Meyer, A. Lee; Hall, Harry H..
Paratuberculosis (Johne's disease) is endemic in the U.S. and Kentucky cattle industry, affecting both beef and dairy cattle. The disease affects the productivity of cattle ( lowering milk production, reducing the weights of calves) and eventually causes the death of infected animals. The disease spreads among cattle on farms, primarily through fecal shedding of the organism, and may be brought onto a farm through the purchase of infected animals. Since the disease often has long incubation and subclinical stages, testing may be necessary to confirm its presence. From late 1993 into early 1994, a random sample of blood samples drawn for brucellosis testing was also examined for paratuberculosis. This analysis indicated that less than one percent of...
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 1994 URL: http://purl.umn.edu/31980
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