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The feasibility of quadratic programming as a means of integrating agricultural pricequantity relationships and regional resource availability is demonstrated for a California test case. Estimates are developed for producer's and consumer's surplus, values of vegetables and field crop...
Persistent link: https://www.econbiz.de/10010881944
Inflation and unemployment plagued the U S economy during the decade of the seventies Some economic models suggest that inflation and unemployment are bi-polar events - they cannot occur at the same time This article reviews two models that have been in the economics literature since the...
Persistent link: https://www.econbiz.de/10010881971
Persistent link: https://www.econbiz.de/10010882074
Farm-retail price spreads and the farmer's share of the consumer's dollar have long been the concern of both producers and consumers, as well as legislative bodies and other public policy groups. The farm-retail price spread for many farm products is a large part of the retail price—about...
Persistent link: https://www.econbiz.de/10010882083
The "Unemployment Compensation Amendments of 1976" are expected to provide income protection for about two-fifths of all hired agricultural workers. The program became effective in January 1978. Of these insured workers, three-tenths are expected to receive benefits, expected to average about 14...
Persistent link: https://www.econbiz.de/10010919523
Some 6.2 million, or one-eighth, of the 1975 nonmetro population lived in metro areas 5 years earlier. Metro/nonmetro migrants more than replaced the 5.1 million persons moving in the opposite direction, except among young adults, blacks, and the college educated. In their occupation, industry,...
Persistent link: https://www.econbiz.de/10010919566
A fifth of employed nonmetropolitan household heads engaged in intercounty job commuting in 1975 Such commuting was positively associated with income, but not with education Only a sixth of recent migrants to nonmetro communities from metro areas continued work at metro jobs, indicating a...
Persistent link: https://www.econbiz.de/10010919638
Persistent link: https://www.econbiz.de/10010919655
Opinions differ among economists as to how effective statistical analyses using time series data can be in identifying factors affecting demand and in measuring their influences. Although this presentation may not materially modify these opinions, it should at least succeed in making even the...
Persistent link: https://www.econbiz.de/10010881882
Information on efficient regional patterns of agricultural production can be useful in devising policies for adjustments in farming that are consistent with modern conditions and concepts of economic development. Such knowledge can also indicate the amount and location of land to be withdrawn...
Persistent link: https://www.econbiz.de/10010881887