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Recent developments in climatology mean that economists now have a highly acceptable physical theory which can underlie their analysis of the economic aspects of water as an input to the production process, as a source of production instability, and as a major component of error in their estimated crop production functions. This paper presents a model and a procedure for synthesising and analysing irrigation water crop input output relations based on this theory. The importance of time of application of water as well as quantity is shown. Different frequencies of irrigation are optimal at different times of the growing season.
The Australian Journal of Agricultural Resource Economics – Wiley
Published: Jun 1, 1967
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