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THE ESTIMATION OF PRODUCTION FRONTIERS: THE AUSTRALIAN LIVESTOCK/CEREALS COMPLEX<sup>1</sup>

Australian Journal of Agricultural EconomicsPublished 1 June 1967
Alan A. Powell, Fred H.G. Gruen
Citations33

Abstract

An attempt is made to combine, empirically, the estimation of product transformation surfaces with the more conventional methods of linear supply analysis. This synthetic approach is used to fit simultaneously a system of six aggregate supply functions. The products covered account for more than 70 per cent of the gross value of Australian rural production.

Keywords

Agricultural and Biological Sciences