A form for homogeneous functions is presented which shows them to be a very simple extension of the wellknown Cobb-Douglas functions with similar properties in production (and distribution) economics. This form thus suggests new possibilities for interpreting a wide variety of empirical and theoretical results in economics; it also provides contact with developments in other fields, such as inf...

Wine and Juice Production in Arkansas AAESBul941 1994 Carl R Dillon, Assistant Professor, Dept. of Agricultural Economics and Rural Sociology, University of Arkansas Carter Price, Professor, Dept. of Agricultural Economics and Rural Sociology, University of Arkansas Justin Morris, University Professor, Department of Food Science, University of Arkansas David Metz, Marketing Director, Prospero E...

Trade liberalization and laissez-faire economics are altering the structure of agricultural production and trade. The principle of comparative advantage, a classic tenet of economics, is a useful tool for understanding the future of world agriculture. This study employs a " Revealed Comparative Advantage " approach to investigate patterns of comparative advantage among six major wool exporting ...