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QUANTIFYING MANAGEMENT AS A PR0DUCTION COST

Gary S. Kemph and Gerald D. Schwab

No 283943, 1976 Annual Meeting, August 15-18, State College, Pennsylvania from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Congress has directed that cost of production figures be established for selected agricultural commodities. Pricing of management is required in these cost estimates. Five alternative calculations for estimating management costs are presented to illustrate the wide variation in cost of production that can result from only this one item.

Keywords: Farm; Management (search for similar items in EconPapers)
Date: 1976-08
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