Cost Structures, Productivities and the Distribution of Technology Benefits Among Producers for Major U.S. Field Crops
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The purpose of this paper is to estimate the cost structures and resource productivities
involved in production of four major U.S. field crops and to estimate the distribution among
producers of benefits from production related technology. These field crops include corn,
soybeans, wheat and cotton grown in selected homogeneous soil and rainfall areas of the U.S.
The cost structure of each commodity is estimated relative to a Cobb-Douglas cost function.
Productivity is assessed across time, regions and size of enterprise. The distribution of
technology benefits is determined by region and enterprise size for each commodity.