On the economics of agricultural production

Jean-Paul Chavas ()

Australian Journal of Agricultural and Resource Economics, 2008, vol. 54, issue 4, 16

Abstract: Agriculture is in the business of using ecosystem services to produce food. Examining how agro-ecosystems function provides useful insights into the economics of agriculture. Of special interest are the presence and nature of scale effects, complementarity effects and convexity effects in ecosystem functioning. Implications for agricultural productivity and the economics of agriculture are evaluated. At the farm level, this helps to better understand the current trend toward greater specialisation. Current challenges for agricultural contracts, markets and policy are explored.

Keywords: Agribusiness; Production Economics (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aareaj:161903

DOI: 10.22004/ag.econ.161903

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