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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
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
Productive efficiency for Chinese hybrid and conventional rice production is estimated using a dual stochastic frontier efficiency decomposition model. Results reveal significant differences in technical and allocative efficiency between conventional and hybrid rice production, and indicate...
Persistent link: https://www.econbiz.de/10011069334