LA FUNCIÓN DE PRODUCCIÓN CÚBICA, SU APLICACIÓN EN LA AGRICULTURA

Marcos Portillo Vázquez, Francisco Pérez Soto, Esther Figueroa Hernández, Lucila Godínez Montoya, María Teresa Pérez Soto and Gerónimo Barrios Puente

Revista Mexicana de Agronegocios, 2015, vol. 37, issue July-December 2015, 14

Abstract: The Cobb-Douglas production function is most frequently mentioned in texts of Economic Theory and cubic production function proposed here is more convenient to show evidence when applied to agricultural production where producers try to streamline their production process at low levels of input use. In general, if the producer of low investment capacity has only money to implement a number of the units required for maximum efficiency in the production of a hectare of land, quantity of variable input to apply is the amount of available factor applied the proportion of fixed factor and in no way to get out of this usage rate of input. This result is particularly important because without that producer a single penny increase in spending relative to available, you can generate a recommendation that leads to higher incomes with their resource. Increased amount of product to obtain without increasing investment is one of the few technical-economic recommendations that may be available to low-income producers and limited availability of investment capital.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remeag:226145

DOI: 10.22004/ag.econ.226145

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