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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...
The study is focused on the development and the application of a stochastic economic optimisation model by which optimal levels of applied water and sprinkler spacing are determined. Data on crop‐water production function and uniformity of water application are taken from a sprinkler irrigation...
Human capital comprising various components, such as different types of training, experience and skills, influences the capacity of economic agents to adjust to changing environments. We distinguish between formal education, general experience and various types of specific experience as...
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