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Textbooks and articles on farm management stress the importance of the management capacity of the fanner with respect to his farm results. However, explicit definitions together with an elaboration of this concept are hard to find. In this article, aspects of management capacity are grouped...
Persistent link: https://www.econbiz.de/10011069365
The economic literature on pest control exclusively assumes a non-negative marginal product of pesticides based on a monotonic non-decreasing function of damage abatement, which may bias pesticide productivity estimates. This paper proposes a specification that allows for a negative marginal...
Persistent link: https://www.econbiz.de/10012754227