Production economics: Worthwhile investment?

Abstract

H9Agricultural production economies rcscarch is cxarnincd within a broad frarncwork of scientific dcvcloprncnt and utilization. Recent findings in sclcctcd areas of the subdisciplinc arc cxarnincd and opportunities for further fruitful inquiry arc idcntificd, A few 'stylizcd facts' emerge from recent work and suggest the need for much earefu\ hypothesis testing, model exploration, and empirical sensitivity analysis in the future.