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Optimum allocation of agricultural resources in Spain

Optimum allocation of agricultural resources in Spain

Archos Zootec., Cordoba, 17: 66, p. 12

The basis of this analysis was a series of Cobb-Douglas functions, updated by means of the data of the 1964 agricultural rent survey. The study of the use of resources revealed maladjustment within the sector affecting the optimum combination of factors and the level of production. An attempt is made to quantify the disproportion of supply to demand in agricultural products which is caused by the low elasticity of the short notice supply curve.

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Accession: 014592707

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