Construct · 1 fields · 1 citations

Just-Pope production function: a standalone construct

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Just-Popeproduction function1 CONSTRUCTJust-pope productionJUST · AGRICULTURAL ECONOMICS

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Agricultural economics

a production function in which inputs can affect the variance of output separately from its mean, allowing some inputs to raise or lower risk.

In agricultural economics, Just-Pope production function refers to a production function in which inputs can affect the variance of output separately from its mean, allowing some inputs to raise or lower risk. This meaning comes from Just (1978) in Journal of Econometrics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

affect4 fields · 5 citationsjingle · one word, several feeling constructsfunction5 fields · 6 citationsjingle · one word, five constructsmean3 fields · 6 citationsjingle · one word, three constructs

References

  1. Just, R. E., & Pope, R. D. (1978). Stochastic specification of production functions and economic implications. Journal of Econometrics, 7(1), 67-86. https://doi.org/10.1016/0304-4076(78)90006-4

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