Current Efforts at Estimation of Costs-of-Production in the Economic Research Service

Ronald D. Krenz

No 284466, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The topic for this session indicates that we are dealing with the matter of "issues in setting effective target prices". From examining the titles of the various papers .to be presented, one would get the impression that the cost-of-production is important in setting target prices. This raises several questions that I would like to address. First, "Is cost-of-production a good basis for setting target prices?"; secondly, "If it is considered appropriate that they be used to set target prices, then what costs should be covered by target prices?"; and finally, "How should these production costs be estimated?".

Keywords: Production; Economics (search for similar items in EconPapers)
Pages: 11
Date: 1975-08
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea75:284466

DOI: 10.22004/ag.econ.284466

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