Abstract
Abstract This chapter covers the use of survey data in comparative analysis, cost accounting, monetary production functions, efficiency measurement and resource valuation, and comments on information systems. This chapter contains details of the methods that might be used in creating benchmarks, and provides a critique of their use as well as comments on the most beneficial use. A more sophisticated use of survey data, which has similar objectives, is the estimation of a whole farm production function which relates profit to inputs. This enables calculating input levels to maximize profit. This approach is also discussed. For students interested in the original description and debate on farm standards some of the original references are provided, and similarly for the remaining sections.
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