Abstract
Three parsimonious models are hypothesized to represent com yield response to nitrogen and phosphorus. Each model imposes specific restrictions with regard to the elasticity of factor substitution and growth plateau. Nonnested hypothesis tests are used to evaluate the competing hypotheses. The results support the restrictions imposed by the Mitscherlich-Baule model. For these data, corn response is characterized by limited substitution between nitrogen and phosphorus and a growth plateau. Further, the cost of using optimal input levels implied by the Mitscherlich-Baule if it were not “true” is small relative to the other parsimonious forms and a translog approximation.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 597-603 |
| Number of pages | 7 |
| Journal | American Journal of Agricultural Economics |
| Volume | 72 |
| Issue number | 3 |
| DOIs | |
| State | Published - Aug 1990 |
| Externally published | Yes |
Keywords
- Crop response
- Elasticity of factor substitution
- Growth plateau
- Nonnested hypotheses
ASJC Scopus subject areas
- Agricultural and Biological Sciences (miscellaneous)
- Economics and Econometrics