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The use of RICA to estimate the cost of production in agriculture. Application of econometric and mathematical programming methodologies

This  book, which is part of the research activities done under the project FACEPA, financed by the EU under the VII research framework, presents some of the most important results of the estimation of agricultural production costs done with econometric and mathematic programming models.

In fact one of the main problems of agricultural farms accountancy systems is due the fact that an analytical accountancy system is seldom used by farmers and the assignment of specific costs to each individual production process is often arbitrary. Furthermore, the proposed methodology (PMP) allows  to create mathematical models able to perform scenario analyses used to forecast the behavior of farmers in the case changes in the agricultural policies or in the prices take place.

 

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