Production economics: Mathematical development and applications

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9780088730167: Production economics: Mathematical development and applications

By combining information from microeconomics, mathematics, production functions, and temporal and spatial related production analyses, this book provides a variety of essential information to agricultural economics, economics, and business students. Empirical application of production theory and technique is presented at great length; actual data collected from various agricultural enterprises and experiments are used for production function analyses; and methodological and statistical problems commonly encountered in empirical research are carefully addressed.

This book fulfills two great needs in the agricultural economics profession: a textbook suitable for senior-level and graduate students that develops and illustrates how calculus and linear algebra can be used in understanding production economics; and for a scholarly work that illustrates empirical applications and results of production function analyses and production theory.

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About the Author:

C.T.K. Ching is professor, department of agricultural and resource economics, University of Hawaii at Manoa. He has written widely on the applications of economic thinking and quantitative methods to problems of agriculture and resource use.

John F. Yanagida is associate professor of agricultural economics, University of Nebraska, Lincoln. He has published numerous articles on production economics and applied econometrics.

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