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Agricultural price analysis was one of the hard cores around which all the agricultural economics of the 1920's and early 1930's were built. Since then, in all too many cases the working economists have been too busily engaged in current operations to set down their appraisals of price-making...
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Net farm income is affected by changes in final demand, in marketing charges, and in production costs. BAE publishes data relating to each of these three sets of factors. This article attempts a new combination of these data for a recent year, with agriculture divided into nine major commodity...
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Recent policy applications of control theory methods in dynamic economic models raise the issue of imposing the transversality condition for determining a unique optimal control policy. In a stochastic framework this issue involves alternative methods of estimation, which are discussed here both...
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