Showing 1 - 10 of 113
Past studies of the farm sector have concentrated on the use of farm based resources in the farm context alone. Changes in the economic environment have widened the opportunities available to these resources and have thus tended to make this narrow definition of the farm firm less relevant. Some...
Persistent link: https://www.econbiz.de/10005525526
Off-farm employment has become increasingly important as an aspect of resource adjustment and a source of income in Australian agriculture. However, it is surprising that there is a paucity of work on this topic reported in the agricultural economics literature. Therefore, we have drawn upon...
Persistent link: https://www.econbiz.de/10005525543
We use the concept of the elasticity of farm incomes with respect to changes in input prices to analyse the effects of a large increase in relative wages on selected measures of farm incomes. In order to estimate the elasticity of farm incomes we have to estimate elasticities and...
Persistent link: https://www.econbiz.de/10005493220
This paper traces variations in the dairy farm work force in Victoria, New South Wales, and Queensland. Although the substantial differences between States in income levels are reflected in differing rates of reduction in the work force, these differences are not also reflected by appreciable...
Persistent link: https://www.econbiz.de/10005493384
Human capital comprising various components, such as different types of training, experience and skills, influences the capacity of economic agents to adjust to changing environments. We distinguish between formal education, general experience and various types of specific experience as...
Persistent link: https://www.econbiz.de/10005805638
In this study of labour-leisure choice, a labour supply equation is derived from a Stone-Geary utility function and extended to incorporate several 'non-economic' variables. Such variables are made functions of the 'minimum subsistence' quantities which characterise the standard Stone-Geary...
Persistent link: https://www.econbiz.de/10005805645
Quarterly data from 1962 to 1983 for beef, lamb, mutton, pig meat and poultry were used to test for constancy in the structure of meat demand in Australia. The cumulative sum, cumulative sum of squares and Farley-Hinich tests were applied to a range of models to ensure that any rejection of...
Persistent link: https://www.econbiz.de/10005525490
Persistent link: https://www.econbiz.de/10005525492
Persistent link: https://www.econbiz.de/10005525506
In this paper a method for evaluating the supply response of individual producers to a price underwriting scheme is presented. The method includes precise formulae to take account of the impact of price underwriting on the producer's uncertain conditions. The Australian Wheat Board's guaranteed...
Persistent link: https://www.econbiz.de/10005525513