A Strong Test of the von Liebig Hypothesis |
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| Authors: | Peter Berck Stephen Stohs & Jacqueline Geoghegan |
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| Institution: | University of California at Berkeley,;Clark University |
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| Abstract: | An implication of the von Liebig hypothesis is that crop-production functions have right-angle isoquants. This article presents a nonparametric estimation of right-angle isoquant production functions. It then describes a new test for right-angle isoquants. The procedures are used to test experimental data on corn and wheat. |
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| Keywords: | production function von Liebig |
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