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The Brigalow Scheme has been one of Australia's largest dryland development projects since World War II. Large sums of private and public capital have been invested to create 247 new farm firms. Planning the development of these new properties is a complex task. A simulation model of the typical...
Persistent link: https://www.econbiz.de/10005493250
In principle, the Group regards long-run market forces as the best guide to resource allocation, not only within existing production units, but also between sectors. However, in practice they perceive many instances of market failure in the rural sector which justify government intervention...
Persistent link: https://www.econbiz.de/10005805641
Three kinds of inter-generational transfer are discussed. Despite the obvious advantages of partnerships and other forms of income splitting from the income tax viewpoint, about half of the primary producers in Australia continue to operate their businesses as sole traders. Some of the problems...
Persistent link: https://www.econbiz.de/10005805671
The concept of a farm management game is explained, and the relationships between simulation, games and Monte Carlo techniques are discussed. The potential role of farm management games in improving the teaching of farm management is reviewed. The management game is presented as a dynamic case...
Persistent link: https://www.econbiz.de/10005805721
The wheat stabilisation scheme has been operating for almost two decades. In this article quantitative estimates are made of the effects of the scheme upon the stability of prices and incomes and the distribution of income over the period 1948-49 to 1965-66.
Persistent link: https://www.econbiz.de/10005330508
Queensland Department of Primary Industries and University of Queensland Stochastic-computerised-activity-budgeting (SCAB) facilitates and extends the traditional gross margins analysis for sheep activities. SCAB is one of the very few computerised management aids so far developed for Australian...
Persistent link: https://www.econbiz.de/10005330518
The energy crisis and the current world food situation have both drawn attention to the importance of off-farm inputs in high-technology agricultural systems. Plant pesticides are one of the most important of these off-farm inputs. The correct use of chemical pesticides requires a high level of...
Persistent link: https://www.econbiz.de/10005330537