Showing 1 - 10 of 64
A pathogenic, soil-borne fungus has been gradually spreading through the jarrah forest of Western Australia for most of this century. On some sites this fungus can cause almost total forest destruction. Infection is incurable and the effects are irreversible. This paper develops a means for...
Persistent link: https://www.econbiz.de/10005493325
A Bayesian approach is used to provide a framework for optimal input allocation for a stochastic production function with uncertain parameters. The chosen production function is a single-input version of a function which can exhibit positive or negative marginal risk. The sensitivity of optimal...
Persistent link: https://www.econbiz.de/10005493395
A simple model is developed relating the debt and asset portfolio of the farm to the production decision, which leads to a small non-linear system of equations. The system is estimated with time-series cross-sectional data from Australian broadacre agriculture using non-linear three-stage least...
Persistent link: https://www.econbiz.de/10005220729
Standard spatial equilibrium activity analysis models, as developed by Takayama and Judge (1971), are based on linear supply and demand functions and fixed input-output coefficients. Such models are suitable for multiple market level trading systems where the fixed input-output coefficients are...
Persistent link: https://www.econbiz.de/10005805519
Persistent link: https://www.econbiz.de/10005805557
All farmers in one stratum of a wheat storage survey who failed to answer a mail questionnaire were personally interviewed. Answers obtained from the mail respondents and from non-respondents are compared to assess the extent of non-response bias. Five suggestions for planning "high return" mail...
Persistent link: https://www.econbiz.de/10005805561
As a guide to the reorganisation of resources, the MVP /MFC comparison can result in the adjustment of resources to new levels which are actually further away from their optimal levels than their original values. Duloy illustrated this paradox mathematically in the context of fitted agricultural...
Persistent link: https://www.econbiz.de/10005805568
Technical change and the extent to which commodity supplies and input demands are interrelated in Sri Lankan peasant agriculture are explored in this paper. Using a multiple-product dual model, a seemingly unrelated system of product supply and input demand equations is estimated for four crops...
Persistent link: https://www.econbiz.de/10005805607
Bardsley and Harris (1987) test empirically the effects of changes In deterministic wealth and random income on the measure partial risk aversion. The paper, which is otherwise well written, failed to impose the relationship between the two effects and estimated them independently. Consequently,...
Persistent link: https://www.econbiz.de/10005805609
A method proposed by Clements and Sjaastad for measuring the effect of manufacturing protection on farmers' incomes is shown to be theoretically unsound, to use some inappropriate assumptions and to lead to overestimation. Even if corrected, the method seems inferior to estimating directly via...
Persistent link: https://www.econbiz.de/10005805614