Prix et couts de production en agriculture

Jean-Marc Boussard ()

Économie rurale, 1990, vol. 199

Abstract: Because of the specificities of agriculture, agricultural production functions are basically homogenous and of degree 1, i.e., with constant returns to scale. Under such conditions, the neoclassical economic theory shows that, under competition, and in the absence of monopoly power, prices should equate production costs. The only possible departures from this arise because of risk (in which case, profits are derived from riskpremia) or because fixed factors are not valued at their opportunity cost.

Keywords: Production Economics; Demand and Price Analysis (search for similar items in EconPapers)
Date: 1990
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Journal Article: Prix et coûts de production en agriculture (1990)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ersfer:354964

DOI: 10.22004/ag.econ.354964

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