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Linear programming has long been used as a tool in agricultural planning. This paper presents and discusses a technique that can be used in conjunction with linear programming to evaluate 'nearly optimal' solutions. This technique is referred to as Nearly Optimal Linear Programming or Modelling...
Persistent link: https://www.econbiz.de/10010911304
This paper estimates the preferences of farmers for cattle traits in southern Burkina Faso using Conjoint analysis, a survey-based system for measuring preferences for multiple-attribute goods. Here the technique is used in the context of a West African country where literacy is low, where...
Persistent link: https://www.econbiz.de/10011335669
Factors that affect the decision to feed or sell calves at weaning are analyzed for Arkansas cow-calf operators. A discrete choice logit model is used to analyze the adoption of value-added cattle production. Farm size, human capital, perception of risk/returns and enterprise diversification are...
Persistent link: https://www.econbiz.de/10005513876
Recent advances in multivariate time series modeling techniques have produced statistical concepts and methods that may surpass many of the economic and antitrust market delineation procedures currently in use. The appropriateness of cointegration tests and vector error correction models for...
Persistent link: https://www.econbiz.de/10010774489
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Reduced-form price spread models have been recently utilized by Wohlgenant and Mullen, and Thompson and Lyon to evaluate the economic factors affecting the marketing margins for agricultural products. Drawing on Gardner, Heien, Buse and Brandow, Waugh, Tomek and Robinson, and others they specify...
Persistent link: https://www.econbiz.de/10010911422
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A discrete choice model is used to analyze the decision to feed or sell calves at weaning. After accounting for regional factors, results show that operator perceptions toward profitability, risk, and facilities as well as control over production and attention to marketing impacted retained...
Persistent link: https://www.econbiz.de/10005807317
During the past decade fed cattle slaughter has relocated to states situated in the southwest plains. Concern has developed that the economic depletion of groundwater used for irrigating feeding activity could result in reduced levels of cattle feeding in that region. A reduction in cattle...
Persistent link: https://www.econbiz.de/10005327811