Electronic Journal of Polish Agricultural Universities (EJPAU) founded by all Polish Agriculture Universities presents original papers and review articles relevant to all aspects of agricultural sciences. It is target for persons working both in science and industry,regulatory agencies or teaching in agricultural sector. Covered by IFIS Publishing (Food Science and Technology Abstracts), ELSEVIER Science - Food Science and Technology Program, CAS USA (Chemical Abstracts), CABI Publishing UK and ALPSP (Association of Learned and Professional Society Publisher - full membership). Presented in the Master List of Thomson ISI.

Copyright © Wydawnictwo Uniwersytetu Przyrodniczego we Wrocławiu, ISSN 1505-0297

Szarek S. 2005. USE OF CONCEPT OF HORMESIS PHENOMENON TO EXPLAIN THE LAW OF DIMINISHING RETURNS Part II, EJPAU 8(4), #61.
Available Online: http://www.ejpau.media.pl/volume8/issue4/abs-61.html

ABSTRACT

In the paper there was presented functioning of hormesis phenomenon, which is understood as stimulating effect on living organisms of low doses of substances, which are growth inhibitors in higher doses. It was pointed out that the law of diminishing returns is a consequence of hormesis phenomenon.

Key words: economics of agriculture, law of diminishing returns, production intensity, production efficiency, hormesis phenomenon.

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Stanisław Szarek
Department of Economics and Agribusiness Organization,
University of Podlasie, Siedlce, Poland
B. Prusa 12, 08-110 Siedlce, Poland
email: szarek@ap.siedlce.pl

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